By InvestAdvocate
Lagos (INVESTADVOCATE)-Salt refining company, NASCON Allied Industries Plc said on Wednesday its profit after tax (PAT) for the period ended December 31, 2015 grew 12.75 percent to N2.10 billion from N1.86 billion posted a year ago.
In the same vein, pretax profit of the salt refiner increased 5.67 percent to N3.01 billion from N2.85 declared the same period of 2014.
Also, revenue of NASCON climbed up from N11.25 billion in 2014 end to N16.17 billion recorded in the review period of 2015; showing an increase of 43.79 percent, according to the salt refiner in a filing with the Nigerian Stock Exchange (NSE).
