Cement News tagged under: Dangtoe Cement
Dangote Cement sees 22% rise in 2012 pretax profit, Nigeria08 November 2012, Published under Cement NewsNigeria-based cement producer Dangote Cement said it expects pretax profit to reach NGN143bn (US$910m) for full year 2012 on strong demand, a rise of 22 per cent compared to the NGN118bn achieved last year. The company said forecasts were based on the 2.6Mt of cement it sold in the last quarter of the year and on improved gas supply. The company will spend around NGN110bn in capital expenditure this year. "Nigeria has a low per capita consumption ... so we believe there is a huge pent u... |
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