Dangote Cement Reports N47.619 billion PAT in Q1 2014

By Yakubu LAAH InvestAdvocate

Lagos (INVESTADVOCATE)-Foremost cement manufacturers in sub-Saharan Africa, Dangote Cement Plc on Monday reported a profit after tax (PAT) of N47.619 billion compared to N53.735 billion in its first quarter (Q1) report for the period ended March 31, 2014.

Also, the cement maker recorded a profit before tax (PBT) of N53.014 billion in the Q1 of 2014 compared to N53.683 billion in the corresponding period of 2013.

Revenue climbed up 8.5 percent to N103.569 billion from N95.428 billion in the same period of 2013.

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