The BUA Cement Plc has announced a 25.1 per cent increase in revenue, posting N54 billion in its financial results for the first quarter
has announced a 25.1 per cent increase in revenue, posting N54 billion in its financial results for the first quarter ended March 31, 2020.
He said the company’s performance was buoyed by an increase in production capacity from five million metric tonnes at the end of Q1’2019 to 8 million metric tonnes currently. “The turn of the year witnessed the achievement of yet another milestone, with the completion of listing requirements of the, emerging the third-most capitalised company on the exchange; with a market capitalisation of N1.2 trillion and the de-listing of the shares of CCNN Plc. Subsequently, BUA Cement was included as a constituent of the MSCI frontier market index in February.
“In response to the global pandemic, we implemented our “COVID business continuity program”, built into our corporate governance framework. This minimises disruptions along the value chain; prioritises the safety of workers and customers; and assesses probable scenarios a prolonged lockdown would have on the business.
Nigeria Latest News, Nigeria Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Nigerians call for stiffer punishment as reported rape cases increaseUpon seeing her at the bathroom, the hoodlums raped the young lady. Not done and perhaps to 'hide' their crime, they macheted her
Read more »
Rape cases increase as 12-year-old is gang-raped in LagosThe past fortnight has been filled with sad stories of young girls and women being assaulted and raped across Nigeria. These include Vera Omozuwa
Read more »
Ondo Threatens another Lockdown if Cases Increase - THISDAYLIVEBy James Sowole Ondo State Government yesterday said it might be forced to lock down the state again if the number of COVID-19 cases kept increasing. The state has recorded four deaths and discharged 21 patients while eight patients are currently receiving treatment at the Infectious Disease Hospital (IDH) in Akure. The Senior Special Assistant …
Read more »
Nigeria reduced coronavirus testing last week but its new cases still increasedNigeria tested fewer people for coronavirus last week than it did the previous week, a PREMIUM TIMES' review of data from the NCDC shows.
Read more »
Gates Foundation pledges $1.6 billion to GAVI for lifesaving vaccinesThe summit was aimed at raising funds for Gavi's efforts to immunise children amid the coronavirus crisis.
Read more »
Experts set post-COVID-19 recovery agendaAs stakeholders in the nation’s economic landscape continue to recount the bitter experiences of the impact of the COVID-19 pandemic on their operations, the gradual but steady policy measures by t…
Read more »