BUA Foods presents a unique case. Revenue surged past N1.5 trillion in 2024, profits nearly tripled, and margins expanded.
However, the stock’s performance tells a different story. The market seems unconvinced.
The stock, after an impressive 198% rally in 2023 and another 115% climb in 2024, has lost momentum, slipping 10% year-to-date as of the close of trading on Friday, February 14, 2025.