Lafarge Africa Plc reports Q3 earnings of N12.07 billion in Q3 2021

Lafarge Africa Plc released its unaudited financial results for the third quarter of the year ended 30th of September 2021.

  • Revenue during the period was N74.18 billion. (+25.02% YoY)
  • Cost of sales for the period was N58.31 billion (+28.67%)
  • Gross profit stood at N15.87 billion. (+13.22% YoY)
  • Operating profit for the period was N9.92 billion. (+19.49% YoY)
  • Profit before tax of N7.15billion was recorded during the period.
  • Profit for the period stood at N12.07 billion (+148.03%)
  • Total assets during the period stood at N512.37 billion. (+5.15bn YoY)
  • Earnings per share of 75 kobo Vs 30 kobo YoY.

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