hit counter BUA Cement Blames Naira Devaluation for 31% Fall in Net Profit – Steam Clouds

BUA Cement Blames Naira Devaluation for 31% Fall in Net Profit

Hello This post BUA Cement Blames Naira Devaluation for 31% Fall in Net Profit was first posted on Naijaonpoint.com.ng and is written by naijaonpoint.

By Adedapo Adesanya BUA Cement Plc saw its profit after tax decline by 31.2 per cent in 2023 due to foreign exchange losses, triggered by the devaluation of the Naira by the Central Bank of Nigeria (CBN), amid a 27.4 per cent rise in revenue. The company’s chairman, Mr AbdulSamad Rabiu, disclosed this on Thursday […]

Hello This post BUA Cement Blames Naira Devaluation for 31% Fall in Net Profit was first posted on Naijaonpoint.com.ng and is written by naijaonpoint.

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