BUACEMENT sustained its growth momentum in Q1:2023 as the topline increased by +9.65% to NGN106.35bn (from NGN96.99bn in Q1:2022). The growth in net sales was fueled by price revision activities (ex-factory prices from NGN3700 to NGN4300 per bag) while sales volume dropped by 7.36% to 1.60Mt (vs 1.73Mt in Q1:2022) given the reduction in construction activities during the period.
You May Also Like
Earnings Update | SEPLAT | 2020FY
- March 8, 2021
SEPLAT’s 2020FY performance ended on a negative note, as topline dipped by 10.85% YoY to NGN190.92bn (vs. 2019FY:…
Earnings Update – Healthcare Sector – 9M 2023
- December 12, 2023
Kindly find attached. Earnings Update – Healthcare Sector – 9M 2023
Earnings Update – NB 2021FY NB Ends 2021 On a Positive Note
- April 8, 2022
Nigerian Breweries Plc (NB) closed the 2021FY on a solid note, posting a year on year revenue growth…
Earnings Update – STANBIC 2022FY (1) Impressive Results Amid Numerous Hassles
- April 27, 2023
Stanbic IBTC Holdings Plc. (STANBIC) recorded its highest-ever gross earnings of NGN287.54bn, a 39.15% YoY increase in 2022FY,…
Earnings Update | GUARANTY | Q1:2020
- April 29, 2020
Guaranty Trust Bank Plc (GUARANTY)’s Q1:2020 performance revealed a stronger than expected growth in gross earnings (2.30% YoY),…
Earnings Update | TOTAL | PRESCO | CADBURY | 2020FY
- April 23, 2021
Click on the links below to access the full reports: Earnings Update – CADBURY 2020FY Earnings Update –…