HBM Nigeria’s profit up 57% to N208bn
270 billion in H1’25 and was supported by sustained efficiency gains across the business while operating margin soared to 43% from 37% in H1’25.’ He further stated that HBM Nigeria will remain focused on building on a strong operational momentum by leveraging the industrial and technical expertise of Huaxin Building Materials Ltd to drive operational excellence and improve efficiency across the business.
In light of this on HBM Nigeria’s business outlook for the rest of the year, Alade-Akinyemi continued: ”Nigeria’s demand outlook for cement remains positive, supported by ongoing infrastructure development, urbanization, and resilient activity across the construction sector, despite a dynamic global operating environment”.
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