Dangote Cement Plc has recorded an increase of N186bn in its profit after tax for the 2018 financial year, the Punch reports.
The financial statement for the year ended December 31, 2018, which was made available to the Nigerian Stock Exchange on Wednesday, showed that the company’s profit after tax increased from N204bn in 2017 to N390bn in 2018.
According to the newspaper, the firm received a tax credit of N89.5bn, compared to the N85.3bn tax expense in 2017.
Buoyed by strong financial result for the year-ended December 31, 2018, Fidelity Bank Plc, has initiated a N3.2 billion dividend payout to shareholders. The bank posted a 4.8 per cent growth in gross earnings from […]