The 9M:2020 financial scorecard of Lafarge Africa Plc. (WAPCO) showed that revenue performance bettered the corresponding period last year. Unhindered by setbacks from the COVID-19 containment measures in Q2:2020, revenue grew by 10.32%YoY from NGN163.06bn in 9M:2019 to NGN179.88bn. The impressive outing was due to significant growth in sales volume (+29.70%) in the quarter. Although revenue from aggregates and concretes slipped by 29.86%, its effect was cushioned by an 11.45% YoY jump in cement revenue (c.98% of total revenue).
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