Dangote Cement - July 2014

Sephaku Cement, in which Dangote Cement is a majority shareholder, has reported a loss of US$1.37m in the year ended March 2014. The loss is due to one plant only commencing production in January this year while the other does not come on-stream until this month. As a result, Sephaku Holdings, which has a 36 per cent share in Sephaku Cement, recorded a post-tax loss of US$260,300 in the same period.

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