Nigeria: Cement Company of Northern Nigeria’s (CCNN) sales revenue rose by 39% year-on-year to US$54.7m in 2017 from US$39.3m in 2016. Its profit after tax more than doubled to US$9m from US$3.5m, according to This Day newspaper. However, its cost of sales also rose, by 18% to US$33.4m from US$28.3m.
Cement Company of Northern Nigeria sales speed up in 2017
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/7286-cement-company-of-northern-nigeria-sales-speed-up-in-2017
© 2024 Pro Global Media Ltd. All rights reserved.