Lafarge achieves N91.5 billion pre-tax profit in nine-month surge as cement sales climb

News Express |25th Dec 2024 | 259

Lafarge Africa Plc. has published its audited financial report for the nine-month period ending September 30, 2024, revealing significant growth with a pre-tax profit of N91.5 billion.

This represents an increase from the N61.1 billion recorded during the same period in 2023, reflecting a year-over-year rise of 49.69%.

The company’s post-tax profit rose by 45.78% to N57.2 billion, while revenue surged by 66.02% to N479.9 billion, with cement sales contributing 97% of total revenue. (Nairametrics)

• Lafarge Africa Plc. logo

Comments

Post Comment

NLC as Senator Natasha's defender

Soludo’s wife and Senator Uche Ekwunife at war

N5.7bn contract: EFCC gets order to detain Sujimoto CEO

Tragedy deepens as key suspect in Taraba student’s death found dead

Police officer arrested in Lagos over alleged N915,000 rice fraud

Dangote Refinery petrol price cuts not patriotic, create market shock, DAPPMAN warns

Army kills notorious bandit deputy commander in Kogi

Anambra resident doctors suspend warning strike

Wheelbarrow pusher stabs customer to death, steals belongings

Buruli ulcer outbreak hits Adamawa community

10 Guinness World Records held by Nigerians

Time to rename LASU after Lateef Jakande

Obasa clears air on 2027 ambition

Aero Contractors refunds over N257m in eight months

Aiyedatiwa orders probe into fake teachers’ appointment letters

Vice-Admiral Dada O. Labinjo (Rtd.) is not a deserter

Six Chinese Proverbs that would help you succeed in business

NSIB not out to sabotage any airline, says DG Badeh

Doctors urge FG to establish more cancer treatment centres

NUPRC announces Nigeria’s first prospecting licence conversion to PML

Saturday, September 13, 2025 6:42 PM

GOCOP Accredited Member

NEWS EXPRESS is Nigeria’s leading online newspaper. Published by Africa’s international award-winning journalist, Mr. Isaac Umunna, NEWS EXPRESS is Nigeria’s first truly professional online daily newspaper. It is published from Lagos, Nigeria’s economic and media hub, and has a provision for occasional special print editions. Thanks to our vast network of sources and dedicated team of professional journalists and contributors spread across Nigeria and overseas, NEWS EXPRESS has become synonymous with newsbreaks and exclusive stories from around the world.