Benue Cement Co Plc, Nigeria said full-year profit slumped 59 per cent on lower sales.

Net income fell to 1.25 billion naira (US$10.68m), from 3.10 billion naira a year earlier, the Gboko-based company said today in a statement on the website of the Nigerian Stock Exchange.

Sales declined eight per cent to 5.5 billion naira.
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