Nigeria’s Benue Cement Q2 net profit leaps

Nigeria’s Benue Cement Q2 net profit leaps
Published: 30 July 2009

Nigeria’s Benue Cement Company saw net profit jump to NGN9.67bn (US$65m) from NGN1.14bn in its second quarter to June, the company said on Wednesday.

Turnover at Benue Cement, a unit of local conglomerate Dangote Group, also grew to NGN19.59bn from NGN4.10bn in the same period a year ago, the company said in a filing to the Nigerian Stock Exchange.