Lafarge Africa 9-month pre-tax profit falls 41.2 per cent

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Lafarge-Cement-Logo-13Lafarge Africa <WAPCO.LG, unit of Lafarge Cement, said on Wednesday its nine month pretax profit dropped 41.2 percent to 38.08 billion Nigerian naira ($230.51 million), compared with 53.78 billion naira in the same period last year.

Revenue however rose to 159.39 billion naira, from 154.78 billion naira previously, the company said in a filing with Nigerian Stock Exchange.