Daily Trust

Lafarge Nigeria says Q1 profit up 20%

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Lafarge Wapco said on Monday that its first-quarter pretax profit rose to 8.62 billion naira ($54 million), up 20 percent from 7.20 billion naira in the same period of last year.

Turnover at the Nigerian unit of France’s Lafarge rose to 27.03 billion naira during the three months to March, against 23.23 billion naira a year earlier, it said in a filing with Nigerian Stock Exchange.

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