Dangote, BUA, Lafarge Earned N2.4tn From Cement Sales Amid Drop In Profits

Nigeria’s three biggest cement manufacturers are witnessing mega increase in their sales revenue which rose over N2.4tn in June 2024 but the companies are experiencing dwindling profits.

In the first half of 2024, the top cement firms, Dangote Cement Plc, BUA Cement Plc and Lafarge Africa Plc saw a 76.66 per cent surge in sales revenue year-on-year compared to N1.36tn posted in June 2024, according to analysis by THE WHISTLER.