H1' 2024: BUA Foods Plc reports N130.9bn profit

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BUA Foods Plc recorded post-tax profit of N130bn for the six months period ended 30 June 2024.

The Group reported revenue of N672.39 billion for the 6 months period, up by 109.51% from N320.93 billion reported the previous year.

Profit after tax of N130.93 billion was recorded for the period under review, up by 37.53% from N95.198 billion reported the previous year.

Earnings per share of the Group stands at N7.27

At the share price of N379.9, the P/E ratio of BUA Foods stands at 52.23x with earnings yield of 1.91%.

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