BUA Foods Plc has posted revenue of N1.77 trillion for the year ended December 31, 2025, up 16 per cent from N1.53 trillion in 2024.

The company disclosed this in its audited financial results released on Monday.

The board proposed a dividend of N28 per share, representing a 115 per cent increase from the N13 per share paid in the corresponding period of 2024.

The proposed dividend amounts to a total payout of N504 billion, subject to shareholders’ approval at its 2026 Annual General Meeting.

The firm’s profit after tax rose by 95 per cent to N518.4 billion, while total assets increased by 27 per cent to N1.39 trillion.

According to the company, revenue growth was driven by sustained demand across its product lines, including sugar, flour, pasta, and rice, as well as by the continued execution of its expansion strategy.

While profitability remained strong during the period, the company’s performance was primarily driven by revenue expansion, supported by improved operational efficiencies, optimised cost structures, and effective supply chain management.

Commenting on the results, BUA chairman Abdul Rabiu said, “Our 2025 performance reflects the strength of our growth strategy and our ability to consistently scale revenue in a dynamic operating environment.

“The significant increase in our proposed dividend to N28 per share underscores our commitment to delivering enhanced value to our shareholders while continuing to invest in the future of the business.”

BUA’s managing director, Ayodele Abioye, said, “Our focus remains on driving sustainable revenue growth through capacity expansion, market penetration, and improved end-to-end supply chain.

“The strong demand across our product categories reinforces our strategic direction, and we are well-positioned to build on this momentum.” 

(NAN)