The company reported a decline in profit of 49 percent year-on-year

The company recorded a 7.3 percent year-on-year increase in volume

The group's revenue rose significantly by 11.8 percent year-on-year

The firm's net profit declined 16.7 percent year-on-year

The company, however, reached an all-time high quarterly revenue figure in the quarter

Revenue grew 21 percent while profit posted a decline of 24.6 percent year-on-year

The company's profits dropped by 55 percent during the first quarter

Three cement producers listed on the Nigerian Exchange saw an increase of 29 percent in profit

The company also announced 2021 results, when it posted growth in revenue and net profit

Revenue was up 20.6 percent compared to the first quarter of 2021

The group’s turnover increased by 19 percent year-on-year

The company posted a decline in its gross profit margin by 4.6 percentage points year-on-year

Its consolidated net profit was up by 47.6 percent year-on-year

Analysts expect volumes to remain flattish on a high base

Profit was down by 75 percent compared to one year before, driven by higher expenses

The company posted a 27 percent decline in profit compared to the same quarter last year

Revenues in the first quarter rose by 23 percent year-on-year

Its operating income saw a year-on-year increase of 5.5 percent

Consolidated net sales and EBITDA grew 13 percent and 3 percent, respectively

The company posted record net sales in the quarter