Dangote Cement said on Thursday its 2014
pretax profit fell to 184.68 billion naira ($928 million), from 190.76
billion naira a year earlier.
Revenues rose to 391.63 billion naira
during the period to December 31, compared with 386.17 billion naira the
previous year, Nigeria’s biggest firm by market capitalisation said in a
statement.
The cement firm, majority owned by
Africa’s richest man Aliko Dangote, cut its dividend payment for 2014 to
6 naira per share, from the 7 naira it paid a year earlier.
Seplat says 2014 profit fell 54 pct as oil prices plunged
Seplat said on Thursday its 2014 pretax
profit dropped to $252 million, down 54 percent from $550 million a
year ago, as the price of crude oil plunged.
Seplat with dual listings in Lagos and
London said revenues fell to $775 million during the period to December
31, against $880 million last year. The oil company proposed a total
dividend of $0.15 per share for 2014, up from $0.10 in 2013.
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