Dangote Cement profit shoots up to N108.40 billion in Q1

Dangote Cement profit shoots up to N108.40 billion in Q1

Africa’s largest cement maker said it recorded a pretax profit of N108.40 billion in the first quarter of 2018.

The result is a very positive one given the fact that the company posted N77.32 billion as gross profit for the same quarter last year.

Total revenue for the group rose to N242.12 billion compared to 2017 when it posted N208.17 billion.