Alert: Lafarge Africa Reports 38% Drop In Profit (2016 FY)

Lafarge today released audited results for the financial year ended 31 December 2016.

Revenue N’million

FY 2016| N219,714

FY 2015| N267,234

% age change| -18%

Profit after tax  N’million

FY 2016| N16,899

FY 2015| N27,163

%age change|-38%

EPS (Kobo)

FY 2016| 315k

FY 2015| 574k

%age change|-45%

[gview file=”https://cdn.nairametrics.com/wp-content/uploads/2017/03/LAFARGE_AFRICA_-_AUDITED_DEC_2016_FINANCIAL_STATEMENTS_MARCH_2017-1.pdf”]