Nigeria’s Dangote Cement says Q1 pretax profit rises 32%

04 May 2015

Nigeria’s Dangote Cement said on Thursday its first quarter pretax profit rose 32.3% to 70.16 billion naira ($354 million), compared with the same period of last year.

Revenue rose to 114.73 billion naira in the period to end-March against 103.56 billion a year earlier, the company majority owned by Aliko Dangote said in a statement, without giving any reasons for the higher earnings.


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