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Nigeria’s Dangote Sugar 9-month profit falls 9.3 pct

DangoteNigeria’s Dangote Sugar said on Tuesday its nine month pretax profit fell to 13.97 billion naira ($84.2 million), down 9.3 percent from a year ago.

Turnover at the sugar refiner also fell 73.79 billion naira during the period to Sept 30, compared with 77.70 billion naira a year ago, it said in a filing with the Nigerian Stock Exchange. (1 US dollar = 165.85 naira) (Reporting by Oludare Mayowa; Editing by Chijioke Ohuocha and William Hardy)

 

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Monday Ashibogwu

Monday Michaels Ashibogwu is Editor-In-Chief of QUICK NEWS AFRICA, one of Nigeria's leading online news service.

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