• Dangote Cement revenue increases by 20 percent, rises to N292bn

    Dangote Cement revenue increases by 20 percent, rises to N292bn

    Dangote Cement Plc has reported a revenue of N292 billion in the second quarter of 2016, indicating an increase of 20 percent over N242 billion posted in the corresponding period in 2015.

    According to the reports filed with the Nigerian Stock Exchange (NSE), the company’s profit for period stands at N106.3 billion representing a decline by three percent from N123.1 billion declared a year earlier.

    In a statement on Friday, Onne Van der Weijde, chief executive officer of the cement company, said: […]