Ashaka Cement Plc 2016 Financial Summary
| 12 Months ASHAKA CEM PLC | ||||
| 2016 N'000 |
2015 N'000 |
change | Year End | |
| Revenue | 17,351,235 | 17,414,893 | 0% | December |
| Profit/Loss before taxation | 2,663,283 | 3,209,246 | -17% | |
| Profit/Loss for the period | 2,014,546 | 2,761,360 | -27% | |
| Issued Shares (Units) | 2,239,453,125 | 2,239,453,125 | ||
| Basic Earnings Per Shares (Kobo) | 90.00 | 123.00 | -27% | |
| Last total dividend paid (Kobo) | 0.00 | 15.00 | -100% |
Quarter on Quarter performance
Revenue PAT
N'000 N'000
Q1: #3,617,068 Q1: #221,398
Q2: #4,048,129 Q2: #1,408,665
Q3: #3,197,869 Q3: (#201,149)
Q4: #6,488,169 Q4: #571,875
Ashaka Cement maintained an average of #4.3billion in terms of revenue and #503.6 million in terms of PAT. The Third quarter price increase by all major players in the cement industry really impact their 4th quarter performance across board.
A closer look at the result shows that, even has revenue was neutral cost of sales increased by 21.35%.
However Sales and Marketing Expenses declined by 491.28% and General Administrative Expenses by 41.80%. to give a PAT of #2.01billion
Ashaka Cement maintained an average of #4.3billion in terms of revenue and #503.6 million in terms of PAT. The Third quarter price increase by all major players in the cement industry really impact their 4th quarter performance across board.
A closer look at the result shows that, even has revenue was neutral cost of sales increased by 21.35%.
However Sales and Marketing Expenses declined by 491.28% and General Administrative Expenses by 41.80%. to give a PAT of #2.01billion
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