BUA Cement Plc delivered one of its strongest half-year performances in recent years, with profit after tax rising by 80 percent to N324.88 billion in the first six months of 2026.

The unaudited financial statements released on Thursday showed that revenue increased by 25.6 percent to N728.93 billion from N580.30 billion in the corresponding period of 2025, while profit before tax climbed 79 percent to N384.44 billion, underscoring the company’s ability to convert sales growth into significantly higher earnings.

The breakdown shows bagged cement remained the dominant contributor with N688.77 billion, but bulk cement sales rose sharply to N40.15 billion, compared with only N236 million in the corresponding period of 2025.

Perhaps the biggest highlight of the results is the widening gap between revenue growth and production costs.

While sales rose by 25.6 percent, the cost of sales increased by only 2.7 percent to N301.89 billion, enabling gross profit to

This post was originally published on this site.