BUA Foods stock rose 8.7% in today’s trading on the NGX closing at N574.90 per share for a market capitalisation of N10.34 trillion, to lead the table of Nigeria’s largest listed firms.
MTN Nigeria dropped to second place at N10.07 trillion with its share price unchanged at N480 per share, while Dangote Cement fell to third place at N9.73 trillion.
Airtel Africa with a market cap of N8.43 trillion and BUA Cement at N5.92 trillion made up the top 5.
BUA Foods Plc, Nigeria’s largest food and fast-moving consumer goods (FMCG) company announced a 101% year-on-year growth in Profit Before Tax (PBT) to ₦276.1 billion for the Half-Year period ended June 30, 2025.
During the reporting period, revenue increased by 36% to ₦912.5 billion, driven by strong performance across all product segments: Sugar, Flour, Pasta, and Rice. Notably, the Company recorded an exponential 2923% increase in Rice revenue, reinforcing the success of BUA Foods’ expansion into the local rice value chain.
Gross Profit rose by 55% to ₦339.3 billion, with gross margin improving to 37.2% from 32.4% in the previous year. Earnings per Share (EPS) nearly doubled from ₦7.27 to ₦14.45, while Operating Profit increased by 41% to ₦284.8 billion.
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