BUA Foods Plc has posted a profit after tax of N91.3 billion for the financial year 2022, a 31 percent increase from N69.8 billion in 2021.
This results in a 100 basis-point increase in net profit margin to 22 percent from 21 percent in the reviewed period.
The firm's revenue from contracts wi
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Folake Balogun
Folake Balogun is a tech journalist covering Africa’s fast-growing digital economy with a strong focus on incisive analysis of startup trends, venture capital, and fintech innovation, while also exploring emerging technologies such as artificial intelligence and the future of connectivity by highlighting their economic and social impact.