curator
Administrator
Dangote Cement Plc (DANGCEM), Africa’s biggest producer of the building material, said nine-month profit increased 46 percent on higher Nigerian sales even as gas supplies were disrupted at its largest plant.
After-tax income for the nine months through September advanced to 154.9 billion naira ($974 million) from 105.5 billion naira a year earlier, the Lagos-based company said in a statement posted on the website of the Nigerian Stock Exchange today. Revenue rose 29 percent to 288.9 billion naira, as cement sales in Nigeria gained 30 percent to 9.95 million metric tons.
Source: Bloomberg
Read more:
http://www.bloomberg.com/news/2013-...-profit-gains-on-increased-nigeria-sales.html
After-tax income for the nine months through September advanced to 154.9 billion naira ($974 million) from 105.5 billion naira a year earlier, the Lagos-based company said in a statement posted on the website of the Nigerian Stock Exchange today. Revenue rose 29 percent to 288.9 billion naira, as cement sales in Nigeria gained 30 percent to 9.95 million metric tons.
Source: Bloomberg
Read more:
http://www.bloomberg.com/news/2013-...-profit-gains-on-increased-nigeria-sales.html
