Nigeria-based Ashaka Cement, a subsidiary of Lafarge of France, has registered a rise in its pre-tax profit in the January to June 2014 period to NGN 4.39 billion (€ 20.12 million/US$26.97 million), as compared to NGN 1.6 billion in the same period in 2013, up by 166.16%.
The cement company has posted a jump in its profit after tax in the six months under review from NGN 1.15 billion in the same period in 2013, to NGN 3.51 billion, a 201.41% increase.
August 13, 2014
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Nigeria-based Ashaka Cement, a subsidiary of 725 Lafarge of France, has registered a rise in its pre-tax profit in the January to June 2014 period to NGN 4.39 billion (€ 20.12 million/US$26.97 million), as compared to NGN 1.6 billion in the same period in 2013, up by 166.16%.
The cement company has posted a jump in its profit after tax in the six months under review from NGN 1.15 billion in the same period in 2013, to NGN 3.51 billion, a 201.41% increase.