
Foods Power Unilever Nigeria Profit As Care Slides
Unilever Nigeria rests its nine-month profit growth on food products while personal care sales slide through the consumer squeeze.
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Unilever Nigeria rests its nine-month profit growth on food products while personal care sales slide through the consumer squeeze.

BUA Foods grew nine-month profit after tax 11 percent to N450.47 billion even as revenue fell 19 percent to N1.15 trillion, as lower production and operating costs protected margins.

BUA Foods reports higher nine-month profit as lower input and operating costs offset declining revenue.

The NSIA Prize for Agriculture has named Come Again Foods, Protein Kapital and Tryctor as winners, with $277,000 in cash awards and a Pula Xcelerator pathway worth about $1.5m in growth support.
Multi-Trex Integrated Foods shares have risen 17.95% since the NGX lifted an eight-year trading suspension, even as the cocoa processor remains loss-making.