Wednesday 29 October 2014

Lafarge Africa 9-month pre-tax profit falls 41.2 pct

 

Lafarge Africa, unit of Lafarge Cement, said on Wednesday its nine month pretax profit dropped 41.2 percent to 38.08 billion Nigerian naira ($230.51 million), compared with 53.78 billion naira in the same period last year.

Revenue however rose to 159.39 billion naira, from 154.78 billion naira previously.

The company said in a filing with Nigerian Stock Exchange.

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