CCNN Declares N8.8bn PAT in Q3 2019 Results,(SP: N15.00k)


Friday, January 31, 2020 / 4:32 PM / NSE / Header Image Credit: Premium Times Nigeria

Cement Company of Northern Nigeria Plc released its Q3 unaudited 2019 results for the period ended September 30th, 2019.

Key Highlights

  • Revenue grew by 117.2% to 42.5bn from 19.6bn from the previous quarter.

  • Profit before tax grew by 103.9% to N11.7bn.

  • Profit after tax grew by 118.5% to N8.8bn.

  • Net Assets grew by 1.1% to 337bn from 333bn as at September 30, 2019.

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