Total sales came to N1.034 trillion, N142.525 billion higher than the figure for the year before.
Total sales came to N1.034 trillion, N142.525 billion higher than the figure for the year before, the income statement of the cement-maker obtained by PREMIUM TIMES showed.
The Nigerian government in the third quarter of last year excluded
Profit before tax swelled by 49 per cent, rising from N250.479 billion to N373.310 billion.
Profit for the year advanced from N200.521 billion to N276.068 billion, translating to a 37.7 per cent jump. That lifted earnings per share from N11.79 to N16.14.
Earnings were limited by a N188 million provision for impaired asset as well as a surge in income tax expense from N49.958 billion to N97.242 billion, implying a 94.6 per cent growth.
Shareholders fund dipped 0.8 per cent from N897.937 billion to N890.970 billion, following
The company's board on Friday proposed a N16 per share dividend totalling N272.648 billion for shareholders for 2020, the same amount it has paid shareholders every year in the past three years.
"I am delighted to report that
"Looking ahead, we have strengthened our
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