By InvestAdvocate

Lagos (INVESTADVOCATE)-Nigeria’s most capitalised quoted company, Dangote Cement Plc said on Monday its profit after tax (PAT) for the period ended March 31, 2016 dropped 23.52 percent to N52.77 billion from N68.62 billion recorded a year ago.

Similarly, profit before tax (PBT) dipped 22.85 percent to N54.53 billion from N70.16 billion posted the same period of 2015.

However, revenue of Dangote Cement grew to N140.52 billion in the Q1 period of 2016 from N114.73 billion declared in Q1 of 2015, the cement producer said in a filing with the Nigerian Stock Exchange (NSE).

Click here to view Dangote Cement Plc Condensed Consolidated and Separate Statement of Profit and Loss for the Period Ended March 31, 2016

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