Ashaka Cement raises turnover by N3.2bn

Ashaka Cement raises turnover by N3.2bn
Published: 28 March 2006

Nigeria’s Askaka Cement Company Plc raised turnover by N3.2 billion from N12.6 billion in a comparable period of 2.4 to N15.8 billion for the year ended December 31th 2005. The audited results for the period under review show that the company’s profit after tax also increased by N1.03 million from N3.4 million in a comparable period of 2004 to N4.43 million in 2005. The company’s director recommended a dividend of N2.32 per share. The date of closure of register of members stood at March 20th 2006, while payment date is July 28th 2006.