Nigeria’s Ashaka Cement 2009 profit, turnover fall

Nigeria’s Ashaka Cement 2009 profit, turnover fall
10 June 2010


Nigeria’s Ashaka Cement said on Wednesday its pretax profit fell just over 30 per cent to NGN2.36bn last year, according to a filing with the Nigerian Stock Exchange.

The company said turnover fell to NGN17.19bn from NGN21.38bn the previous year. It proposed a bonus of one share for every eight held.
Published under Cement News