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2014 H1: Lafarge Wapco Reports 29% Increase In Pre-tax Profits

Nairametrics by Nairametrics
July 31, 2014
in Uncategorized
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Lafarge Wapco released its 2014 half year results showing revenues rose 12% to N55.3billion (2013 H1: N49.8billion). Operating expenses however rose 35% to N4.7billion compared to N3.5billion posted a year earlier. Pre-tax profits at the end of the period was N17.7billion compared to N13.8billion posted a year earlier. This increase was a 29% jump and beat the 13% jump recorded between 2012 and 2013.  The double digit increase in revenues has now been reported in the first and second quarter of 2014.

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Nairametrics

Nairametrics is Nigeria's top business news and financial analysis website. We focus on providing resources that help small businesses and retail investors make better investing decisions. Nairametrics is updated daily by a team of professionals. Post updated as "Nairametrics" are published by our Editorial Board.

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