BUA Cement Profit Falls by 33% over FX Tsunami

Profit slumped by 33% in the first quarter as FX tsunami hit BUA Cement Plc. In its unaudited financial statement, the cement company’s net profit settled at N17.97 billion, which was 33% below N26.80 billion recorded in the corresponding period of 2023. The key deal breaker for the company was N10 billion in losses due…