BUA Foods’ profit shrugs off N54.67bn FX loss in H1
BUA Foods reported a profit before tax of N137.19 billion in the first half of this year, up from N109.38
BUA Foods reported a profit before tax of N137.19 billion in the first half of this year, up from N109.38 billion in the same period of 2023.
The company’s earnings rose despite a foreign exchange loss of N54.67 billion from zero as its revenue more than doubled to N672.39 billion, according to its unaudited financial statements published on Tuesday.
Our standardsReported and edited by the Markets Reporters newsroom. How we workUse of AISummaries, audio and Ask MR answers are generated from our reporting and labelled. Reporting and writing are human.CorrectionsSpotted an error? Tell us — we correct and note it.
Free newsletter
