BUA Foods expands margin as profit rises to N450bn

A leading Nigerian food manufacturing company, BUA Foods Plc, has recorded an increase in gross profit to N552.90 billion for the nine months ended 30 September 2026, compared with N520.65 billion in the corresponding period of 2025.Gross profit margin expanded significantly to 48.3%, from 36.7% in the prior-year period, reflecting improved cost efficiency and disciplined cost management.