BUA Foods Plc grew its total assets by 20 per cent to N1.67tn in the first half of 2026 despite recording a 16 per cent decline in revenue, as stronger profitability and an expanding equity base positioned the company to fund its long-term expansion plans.
The company disclosed this in a recent statement alongside its unaudited financial results for the six months ended June 30, 2026.
According to the statement, total assets increased from N1.39tn in the corresponding period of 2025 to N1.67tn, while total equity rose by 41 per cent to N1.01tn, providing what it described as a solid foundation to support strategic investments across its operations.
“BUA Foods maintained a strong financial position, with Total Assets increasing by 20 per cent to N1.67tn, while Total Equity rose by 41 per cent to N1.01tn, providing a solid platform to support the Company’s long-term strategic investments,” the statement read.
The
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