Q1 2023 BUA Cement PLC Earnings Call Transcript

May 11, 2023 / NTS GMT
Operator

Good day, ladies and gentlemen, and welcome to the BUA Cement Plc conference call for analysts and investors for the first quarter ended March 2023. (Operator Instructions) Please note that this conference is being recorded.

I'd now like to turn the conference over to Managing Director and CEO, Mr. Yusuf Binji. Please go ahead, sir.

Yusuf Haliru Binji - BUA Cement Plc - MD, CEO & Director

Good day, everyone. Thank you for joining us on this conference call. My name is Yusuf Binji. I'm the Managing Director and CEO of BUA Cement Plc. Presenting with me is Jacques Piekarski, our Chief Financial Officer.

The business environment during the first quarter was challenging, having met with shocks from the government's currency redesign policy and its impact on our sales and distribution activities, the elections, which halted some of our activities and price changes in some input materials, including energy costs. Nevertheless, we were able to record another significantly positive performance in top line growth, while maintaining our investment

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