Dangote Group Subsidiary Nascon Reports 3Q Results
A subsidiary of the Dangote Group, National Salt company of Nigeria (NASCON) has released its tird quarter earnings, declaring a profit for the 9 months ending September 2011.
The company reported a growth in revenue of 11% from N 6.5 Billion in 3Q 2010 to N 7.2 Billion as at the end of the last quarter.
Cost of Sales were marginally down reflecting savvy cost saving techniques used by management to achieve a better result.
Profit Before Tax was up 33% to N 2 Billion from N 1.5 Billion as at 3Q, 2010.
Similarly Net Profit was up 33% to N 1.36 Billion from N 1.02 Billion at the end of 3Q, 2010.
-
FCMB Bank (UK) Limited Launches Personal and Business Banking Proposition to Deepen InclusivenessFCMB Bank (UK) Limited, an independently incorporated subsidiary of...
- August 1, 2018
-
The Worrisome Trend of Sensational Social Media “Journalism” and the Impact On Legitimate Business Concerns: Recent Travails of FCMB, GTBank and First BankOn June 25, 2018 I woke up to yet...
- June 26, 2018
-
Azman Air commences flight operation in SokotoAzman Air Thursday commenced flight operation to Sokoto state....
- February 21, 2015
-
NRC increases Lagos goods trains, eyes fuel haulageThe Nigerian Railway Corporation says it has increased its...
- June 23, 2016
Nigeria News
- LaLiga: That’s the style I want – Flick reacts as Atletico Madrid beat Barcelona
- EPL: Merson names team that cannot be ruled out in title race
- Stampede: Tell Nigerians how you share palliatives without tragedy – Igbokwe to govs, NASS members
- Gwamnatin Kano ta shirya gurfanar da masu kin biyan haraji daga 2025
- Biden signs funding bill to prevent government shutdown