February 1, 2021

By Paschal Ijeh InvestAdvocate

Lagos(INVESTADVOCATE)-Cement producer, Bua Cement Plc on Monday said its pretax profit for the fourth quarter (Q4) period ended December 31, 2020 rose +19.4 percent to N79.1 billion from N66.2 billion recorded the same period of last year.

Post-tax profit of the company also grew +16.3 percent to N70.5 billion from N60.6 billion declared in the Q4 of 2019.

Revenue of Bua Cement grew 19.3 percent to N209.4 billion from N175.5 billion posted in the corresponding period of 2019.