BUA Cement grows FY 2023 profit to N460bn despite N70bn FX loss

BUA Cement has announced a revenue growth of 27.4% to N460n from the N361 billion recorded in the previous year.

This is despite a foreign exchange loss of N70bn occasioned by the devaluation of the Naira.

This was contained in the full year 2023 Audited Financial Statements and Accounts released by the company on February 29, 2024.

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