By InvestAdvocate
Lagos (INVESTADVOCATE)-Most capitalised company on the Nigerian bourse and cement producer, Dangote Cement Plc said on Tuesday its profit after tax (PAT) for the period ended December 31, 2015 climbed up 13.7 percent to N181.3 billion from N159.5 billion recorded a year ago.
Similarly, profit before tax (PBT) grew 1.95 percent to N188.3 billion from N185 billion posted in the audited period of 2014.
Revenue increased from N391.6 billion in 2014 end to N491.7 billion in the review period of 2015; showing an increase of 26.6 percent, the cement maker said in a filing with the Nigerian Stock Exchange (NSE).
Shares of Dangote Cement at the close of trading on the Nigerian equities market appreciated by 4.99 percent to N148.83 per share from N141.75 per share reported the previous session.
Also, Dangote Cement offered its investors N8.00 per share dividend and says closure date is Monday April 11 to Friday April 17, 2016, while Annual General meeting (AGM) date has been scheduled for April 21, 2016 in Lagos Nigeria.
