Dangote Cement advances post-tax profit by 11% in 2024
Dangote Cement plc reported a 62.2 per cent increase in its group revenue to NGN3.58trn in 2024. Group volumes edged up by 1.6 per cent YoY to 27.708Mt as Nigerian volumes were ...
Business Results
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BUA Cement doubles revenue in 2024
BUA Cement plc doubled its revenue to NG876.5bn (US$584.3m) in 2024 from NGN460bn in the prior year. Profit before tax increased 48.2 per cent to NGN99.6bn in 2024 from NGN67.2b...
Molins records a net profit of EUR184m in FY24
Molins has released its fourth quarter and full-year 2024 results. Net profit in 2024 reached a record level of EUR184m (US$191.4m), 22 per cent higher than the previous year. I...
Lafarge Africa reports 96% increase in net profit in 2024
Lafarge Africa plc, part of Holcim , has reported a 72 per cent advance in revenue in 2024, which surged to NGN696.8bn (US$464.8bn) from NGN405.5bn in 2023 as higher sales volum...
Fecto Cement exports increased in 1HFY24-25
According to Fecto Cement Ltd 's newly-released 1HFY24-25 report, the company's overall domestic sales volume declined by 14.2 per cent when compared with the 1HFY23-24, which h...
CRH reports net income up 15% in 2024
CRH posted total revenues of USS$8.9bn in the fourth quarter of 2024, up two per cent YoY. The group's net income advanced by 24 per cent YoY to US$0.7bn in the 4Q24, resulting ...
Fauji Cement Co exhibits growth of 38 in profit during 1HFY24-25
Fauji Cement Co Ltd (FCCL) announced its financial results for 1HFY24-25 on the Pakistan Stock Exchange website on 25 February. The company reported earnings of PKR7.267bn (US$2...
Arabian Cement reports 15% increase in net profit in 2024
Arabian Cement Co saw a two per cent drop in revenue to SAR857.9m (US$228.8m) in 2024 from SAR875.8m in 2023. However, the company’s net profit increased by 14.7 per cent YoY to...
Misr Cement Qena sees 151% profit rise in 2024
Misr Cement Qena Co reported a 44.9 increase in sales to EGP5.839bn (US$115.4m) in 2024 from EGP4.029bn in the prior year. The company’s net profit attributable to equity holder...
East Africa Portland Cement to begin KES1.9bn loan repayment to Kenyan government
East Africa Portland Cement Co (EAPC) is finalising an agreement with the Kenyan government to commence repayment of a KES1.9bn (US$21.9m) loan originally sourced from the Overs...