BUA Cement Plc
Revenue up 26%, profit up 80%, and a dividend larger than the profit itself. We read BUA Cement's full filing — the payout, the new borrowing, and the margin nobody expected.
| Revenue | ₦728.9bn |
| Dividend Paid | ₦338.6bn |
| Net debt | ₦359.6bn |
The RainingMoney Report
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Dangote Cement Plc
Dangote Cement's H1 2026 pre-tax profit rose 34.4% to ₦981.4bn, but a 63.6% jump in tax held net profit growth to 22.7%. Borrowings nearly halved to ₦581.0bn.
| Profit after tax | 638.5bn (+22.7%) |
| Net Cash | ₦215.2bn (from ₦682.9bn net debt) |
| Tax Rate | 34.9% (from 28.7%) |