Dangote, Lafarge, BUA Cement’s power cost gulp N598 billion in 2023 as inflation, exchange rate bites
Dangote Cement Plc, BUA Cement Plc, and Lafarge Africa Plc spent a whopping sum of N598.137 billion in fuel and ...
News and analysis about lafarge Africa
Dangote Cement Plc, BUA Cement Plc, and Lafarge Africa Plc spent a whopping sum of N598.137 billion in fuel and ...
Despite this, Lafarge Africa produced one of the better results published by a manufacturing company in Nigeria in 2023.
The devaluation of the Naira in June 2023 caused quite a shock in the Nigerian business environment with many companies ...
Lafarge Africa reported its 2023 second-quarter results showing pre-tax profits grew by 29.02% year on year, reaching N32.787 billion.
It was another busy week for corporate Nigeria, characterised by Q3 earnings forecasts, dividend announcements, appointments, and even product launches.
Lafarge Africa Plc has released its full-year 2022 results, reporting a profit after tax of N53.6 billion, marking a 5.18% ...
Three cement companies recorded N78.6 billion in foreign exchange losses between January and September 2022
The 19.68% revenue growth was despite the cost pressures faced by the companies
The cement firms include Dangote Cement Plc, BUA Cement Plc and Lafarge Africa Plc.
The marginal increase in prices of cement this year impacted positively on the revenue, thus the positive growth in gross ...
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