Ashaka Cement records low turnover

Ashaka Cement records low turnover

Nigeria’s Ashaka
Cement said on Wednesday that its pre-tax profit fell just over 30
percent to N2.36 billion last year, according to a filing with the
Nigerian Stock Exchange.

The company said
turnover fell to 17.19 billion naira from 21.38 billion the previous
year. It proposed a bonus of one share for every eight held.

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