Business
BUA Foods Plc recorded significant growth in its revenue and post-tax profit for the 6 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.
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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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“These add-ons are astonishing.”
“BUA Foods Plc recorded significant growth in its revenue and post-tax profit for the 6 months period ended 30 June 2024. The Group reported revenue of N672.39 billion for the…”
Source Link: https://hallmarknews.com/bua-foods-rakes-in-n130-9bn-as-profit-in-half-year-2024/
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