BUA Cement rewards investors with N10 dividend after revenue crossed N1.2 trillion

BUA Cement Plc has rewarded shareholders with a N10.00 dividend per share after a strong financial performance in 2025.

The dividend approval came at the company’s 10th Annual General Meeting in Abuja. Shareholders praised the board and management for growing earnings despite inflation, currency pressures, high energy costs, and broader economic uncertainty.

Revenue Crosses N1.2 Trillion

BUA Cement posted N1.2 trillion in revenue for the 2025 financial year.

This represents a 34.5 percent increase from N876.5 billion in 2024. The performance confirms the company’s place as one of Nigeria’s largest cement producers.

The result also shows stronger demand, improved pricing power and better operating scale across the business.

Profit Jumps Sharply

The company’s gross profit rose to N604.1 billion in 2025 from N300.2 billion in 2024.

Profit after tax also increased sharply. BUA Cement grew PAT from N73.9 billion in 2024 to N356 billion in 2025. That represents a 381.7 percent increase.

Earnings per share also improved from N2.18 in 2024 to N10.00 in 2025. This supported the company’s dividend decision.

Shareholders Back Management

Shareholders welcomed the result and praised the leadership of Abdul Samad Rabiu and the company’s executive team.

They credited the performance to a stronger strategy, cost discipline and steady investment in expansion.

The company also received praise for employee recognition and community interventions. These actions helped strengthen its relationship with workers and host communities.

Rabiu Points to Expansion and Lower Costs

BUA Cement Chairman Abdul Samad Rabiu thanked shareholders for their confidence in the company.

He said their trust helped support the company’s strong performance. He also noted that BUA Cement has grown stronger despite Nigeria’s difficult economic reforms.

Rabiu said the company remains focused on expansion, bulk cement distribution and capital protection.

He also pointed to the planned commissioning of BUA’s LNG project in 2026. The project should help reduce operating costs and provide the company’s plants with cheaper energy.

Why the Result Matters

BUA Cement’s performance matters for three reasons.

First, it shows that major cement producers still have room to grow despite Nigeria’s weak consumer environment.

Second, the dividend gives shareholders direct value after a year of strong earnings.

Third, the LNG project could improve margins if it lowers energy costs as planned.

Energy remains one of the biggest cost pressures for Nigerian manufacturers. Any reduction in that cost could support profit and pricing stability.

Expert View

From a market perspective, BUA Cement’s 2025 numbers show a major recovery in earnings quality.

The sharp rise in profit suggests that the company benefited from higher revenue, better cost control and improved operating leverage. The dividend also sends a positive signal to investors.

However, the next test will come from sustainability. Investors will want to see whether BUA Cement can protect margins in 2026. Energy costs, foreign exchange pressure, logistics expenses and cement demand will remain key risks.

If the LNG project delivers lower production costs, BUA Cement could enter 2026 with a stronger cost base.

FAQ

How much dividend did BUA Cement approve?

BUA Cement approved a dividend of N10.00 per share for shareholders.

What was BUA Cement’s revenue in 2025?

The company posted revenue of N1.2 trillion in 2025.

What was BUA Cement’s after-tax profit?

BUA Cement recorded a profit after tax of N356 billion in 2025.

How much was BUA Cement’s revenue in 2024?

BUA Cement recorded N876.5 billion in  revenue in 2024.

Why is BUA Cement’s LNG project important?

The LNG project could reduce energy costs and improve operating efficiency across its plants.