CCNN nets ₦19.5 billion as FY 2017 revenue

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Cement Company of Northern Nigeria (CCNN) recently released its FY 2017 results. Revenue increased from ₦14 billion in 2016 to ₦19.5 billion in 2017.

Profit before tax jumped massively from ₦1.7 billion in 2016 to ₦4.2 billion in 2017. Profit after tax also surged from ₦1.2 billion in 2016 to ₦3.2 billion in 2017.

The company has declared a dividend of ₦1.25 per share.

Here is a copy of its result.