BUA Foods reports N144.32bn as turnover

BUA Foods Plc on Wednesday published its Frist Quarter report for the period ended 31 March 2023. The report shows significant growth in the Group’s top line and bottom line figures.

A turnover of N144.318 billion for the 3 months period, up by 60.23% from N90.067 billion reported the previous year.

Profit after tax grew year on year by 77.15% to N40.469 billion from N22.844 reported in Q1 2022.

Earnings per share of BUA Foods stands at N2.25, up by 77.15% from the EPS of N1.27 achieved the previous year.