In the full year to 31 December 2014, revenues of Nigerian-based Dangote Cement increased to NGN 391.63bn (€1.81 billion/US$1.97 billion) from NGN 386.17bn in the past year. The company's pre-tax profit, on the other hand, dropped 3.2% to NGN 184.68 billion and sales volume dropped 3.2% to 12.87 million tonnes in Nigeria. Dangote Cement is also expecting capital expenditure to slow from NGN 217.20 billion in 2014 to NGN 191 billion in 2015.
RSSIn the full year to 31 December 2014, revenues of Nigerian-based
The company's pre-tax profit, on the other hand, dropped 3.2% to NGN 184.68 billion and sales volume dropped 3.2% to 12.87 million tonnes in Nigeria.
Dangote Cement is also expecting capital expenditure to slow from NGN 217.20 billion in 2014 to NGN 191 billion in 2015.
