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Home News Cement Company of Northern Nigeria posts US$65.49mn turnover for 2015

Cement Company of Northern Nigeria posts US$65.49mn turnover for 2015

by Staff Writer
April 18, 2016
in News
Reading Time: 1 min read
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The Cement Company of Northern Nigeria (CCNN) has reported a healthy NGN 13.04 billion (US$65.49 million) turnover for 2015. The firm’s gross profit was NGN 3.96 billion ($19.86 million) for the year under review. Meanwhile, CCNN's total and non-current assets grew 9% to NGN 17.15 billion ($86.05 million) and 21% to NGN 10.12 billion ($50.77 million) respectively.

The Cement Company of Northern Nigeria (CCNN) has reported a healthy NGN 13.04 billion (US$65.49 million) turnover for 2015. The firm’s gross profit was NGN 3.96 billion ($19.86 million) for the year under review. Meanwhile, CCNN’s total and non-current assets grew 9% to NGN 17.15 billion ($86.05 million) and 21% to NGN 10.12 billion ($50.77 million) respectively.

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