Lafarge Nigerian unit sees 3Q profit down by half

Lafarge Nigerian unit sees 3Q profit down by half
Published: 05 May 2010

Lafarge Cement Wapco, the Nigerian unit of the world’s biggest cement maker Lafarge, expects third quarter pre-tax profit to halve to NGN3.4bn from a year earlier.

The company on Wednesday forecast turnover for the three months to September 30 at NGN14.6bn compared to NGN35.1bn reported in the same period last year.