AshakaCem Posts N2.7billion Profit After Tax

Ashaka Cement To Delist From Stock Exchange
Chairman of the Board of Directors of AshakaCem, Suleiman Yahyah, has announced that the company raked in N2.7 billion profit after tax in 2015.
Yahyah revealed this at the company’s 41st Annual General Meeting held at the Sheraton Hotels, Abuja, on Tuesday, May 10.

He said:“We made N2.7 billion as profit after tax in 2015. The climate is currently tough but we are counting on the resilience which saw us through the last quarter of last year to propel us to better results in 2016.”

At the meeting, shareholders of AshakaCem Plc unanimously endorsed a dividend payment of 15 kobo on every ordinary share for the period 2015 financial year, totalling N336 million.

 

 

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