Lafarge 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.

Nigeria's leading finance and market intelligence news report. Also home to expert opinion and commentary on politics, sports, lifestyle, and more

Join BusinessDay whatsapp Channel, to stay up to date

Open In Whatsapp