BUA Cement H1 pre-tax profit surges 79% to N384.4 billion

Strong top-line growth drives the Nigerian industrial giant's half-year results, reinforcing a broader earnings recovery trend across the market.

By Handelsavisen Newsroom · Automated 2026-07-23 15:14 UTC · 1 min read

BUA Cement Plc reported a 79% year-on-year surge in pre-tax profit for the first half of 2026, reaching N384.44 billion.

The result underscores a robust recovery in the Nigerian industrial sector, driven by improved operational efficiency and sustained demand for building materials despite macroeconomic headwinds.

Earlier this year, Aradel Holdings Plc reported a 323% surge in pre-tax profit to N284 billion for the first quarter, driven by top-line growth and non-cash accounting adjustments.

The earnings beat highlights the resilience of Nigeria's largest cement producer, which has successfully navigated currency volatility and input cost pressures.

The significant profit growth suggests that pricing power remains intact within the domestic market, allowing the company to pass on increased costs to consumers while expanding margins.

This performance aligns with a broader trend of strong corporate earnings in Nigeria.

Earlier this year, Aradel Holdings Plc reported a 323% surge in pre-tax profit to N284 billion for the first quarter, driven by top-line growth and non-cash accounting adjustments.