Nigeria’s Ashaka Cement, a unit of Lafarge, reported a 5% fall in half year
pretax profit to $21m (4.17 billion naira) compared with the same period a
year ago.
Revenue also dropped to $54m (10.74 billion naira) in the period to end-June
from 12.32 billion naira a year ago, the company said in a statement.
The company's gross income fell to 4.35 billion naira against 5.16 billion naira
last year.
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