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Nigerian cement firms report robust H1 2025 earnings amid higher prices and construction boom.
Nigerian cement companies, including Dangote Cement, Wapco, and Lafarge Africa, reported strong earnings in H1 2025, driven by increased construction activities and higher cement prices.
Dangote Cement saw a 17.7% rise in revenue to N2.072 trillion and a 173% increase in earnings per share to N30.74.
The sector's revenue combined reached NGN3.2 trillion, up 97.78% from the previous year.
Despite some market challenges, the companies' financial success is attributed to improved operational efficiency and cost management.
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Las firmas de cemento nigerianas informan ganancias sólidas en el primer semestre de 2025 en medio de precios más altos y un auge de la construcción.