BUA Foods Plc reported a Profit after tax of N405.27 billion in 9M 2025, a 101% increase from N201.38 billion in 9M 2024. The BUA Foods 9M 2025 Results also posted a 33% increase in revenue to N1.42 trillion, up from N1.07 trillion in the corresponding period of 2024, driven by its flour, pasta, sugar, and rice divisions.
The BUA Foods 9M 2025 Results showed gross profit up by 56% to ₦520.7 billion, while the gross margin improved to 36.7% from 31% in the same period last year. Profit before tax was N432.6 billion, reflecting the success of their financial strategies.
Sectoral Growth
According to the company’s unaudited results released to the Nigerian Exchange Limited (NGX), revenue from the flour division surged by 52% to N591.5 billion, while the sugar segment rose by 10% to N599.2 billion.
The pasta division grew by 12% to N150.5 billion, and the rice segment recorded a remarkable jump of 4,884%, reaching N79.5 billion from N1.6 billion in 9M 2024. These performances are key highlights of the BUA Foods 9M 2025 Results.
Operating profit also rose by 39% to ₦437.6 billion, driven by strategic pricing and cost management. In addition, the finance cost (net) dropped sharply by 57.8% to ₦4.86 billion, as the company incurred no new borrowings during the reporting period.
Segmental Performance
- Sugar Division: Contributed 42% of total revenue, growing 10% to ₦599.2 billion, largely from increased sales volume. This was highlighted in the BUA Foods 9M 2025 Results as a significant contributor.
- Flour Division: This division also contributed 42% to group revenue, with a 52% growth to ₦591.5 billion, driven by higher volume and improved product mix.
- Pasta Division: Accounted for 10% of total revenue, up 12% to ₦150.5 billion, with margins expanding to 37% from 32%.
- Rice Division: Contributed 6% of total revenue, posting a significant rebound to ₦79.5 billion from ₦1.6 billion in the prior year.
Speaking on the growth, Ayodele Abioye, BUA’s Managing Director, said: “BUA Foods has once again demonstrated resilience and strategic agility.
“Our 9M 2025 performance, highlighted by a strong double-digit revenue growth and a 101% year-on-year increase in profit after tax to N405 billion, underscores a sustained growth trajectory supported by ongoing economic reforms and a progressively more stable business environment.
“Amid an improving operating backdrop, we delivered another solid quarter of progress. We remain focused on executing our strategic priorities, deepening end-to-end integration across the value chain and harnessing the expertise and commitment of our Board and employees to sustain value creation.
“We are particularly grateful to all our stakeholders, supply-chain partners and, most importantly, our customers for their continued trust and support.’’
