Nigeria: The Cement Company Of Northern Nigeria (CCNN) has reported a net revenue of US$17.9m for the first quarter of 2016, compared to US$22.2m in the same period a year earlier. This represents a 19% decrease year-on-year. CCNN’s profit before income tax dropped more dramatically, falling by 61% to US$1.79m from US$4.67m.
CCNN revenue and income down in first quarter
Written by Global Cement staff
Published in
Global Cement News
Tagged under
Register for the Global Cement Weekly email newsletter
Global Cement Weekly is Global Cement’s weekly email newsletter. Keep up to date with cement industry news, analysis, diary dates and news of people in the sector.
URL: https://www.globalcement.com/news/item/4854-ccnn-revenue-and-income-down-in-first-quarter
© 2024 Pro Global Media Ltd. All rights reserved.