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CCNN (sokoto Cement Plc) Revenue Grew By 47.7% Compared To Q3 2016 - Business - Nairaland

Nairaland Forum / Nairaland / General / Business / CCNN (sokoto Cement Plc) Revenue Grew By 47.7% Compared To Q3 2016 (3501 Views)

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CCNN (sokoto Cement Plc) Revenue Grew By 47.7% Compared To Q3 2016 by froz(m): 12:47pm On Oct 21, 2017
Revenue grew by 47.7% compared to Q3 2016 due to a hike in cement price late in 2016. This created more impact to revenue in the current result. 

The firm experienced a dip in its Finance cost as a result of a reduction in debt profile.

Key Highlights: 

Revenue grew by 47.7% compared to Q3 2016 due to a hike in cement price late in 2016. This created more impact to revenue in the current result.The firm experienced a dip in its Finance cost as a result of a reduction in debt profile.In addition, the firms Q3 2017 net income which came in at ₦2.0 billion has already surpassed the Full year net income achieved in 2016. This may result to an increase in dividend that will be paid in FY 2017.The firm engaged a cost optimization strategy which resulted in a reduction in the operating expense ratio which contributed to the stellar performance on the bottom line.

Kindly click on this  link  to see full details on the Corporate Brief of the firm.

SOURCE: https://brandspurng.com/corporate-brief-ccnn-sokoto-cement-plc-revenue-grew-by-47-7-compared-to-q3-2016/

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Re: CCNN (sokoto Cement Plc) Revenue Grew By 47.7% Compared To Q3 2016 by Nobody: 6:39am On Oct 22, 2017
interesting
Re: CCNN (sokoto Cement Plc) Revenue Grew By 47.7% Compared To Q3 2016 by malware: 8:30am On Oct 22, 2017
That cement still dey? Can't remember when last I saw it.... Well, congrats anyways undecided
Re: CCNN (sokoto Cement Plc) Revenue Grew By 47.7% Compared To Q3 2016 by ijekul(m): 8:32am On Oct 22, 2017
We don't know or use them here in the south...congrats though

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Re: CCNN (sokoto Cement Plc) Revenue Grew By 47.7% Compared To Q3 2016 by kay29000(m): 8:35am On Oct 22, 2017
Good for them.
Re: CCNN (sokoto Cement Plc) Revenue Grew By 47.7% Compared To Q3 2016 by IamaNigerianGuy(m): 8:46am On Oct 22, 2017
A good one. I pray they discover oil, make more money, form their own country, and stop being parasites.
Re: CCNN (sokoto Cement Plc) Revenue Grew By 47.7% Compared To Q3 2016 by qimo: 9:11am On Oct 22, 2017
IamaNigerianGuy:
A good one. I pray they discover oil, make more money, form their own country, and stop being parasites.

Nobody is leaving the country, the southerners must benefit from the oil too

1 Like

Re: CCNN (sokoto Cement Plc) Revenue Grew By 47.7% Compared To Q3 2016 by IamaNigerianGuy(m): 9:31am On Oct 22, 2017
qimo:


Nobody is leaving the country, the southerners must benefit from the oil too

We no want
Re: CCNN (sokoto Cement Plc) Revenue Grew By 47.7% Compared To Q3 2016 by SalamRushdie: 9:33am On Oct 22, 2017
I think they should go back and re-do their books in a more stable currency like the dollar and they will see their revenue never grew ..Nothing can grow under the awkward leadership of this Buhari I know
Re: CCNN (sokoto Cement Plc) Revenue Grew By 47.7% Compared To Q3 2016 by SillyMods: 10:18am On Oct 22, 2017
SalamRushdie:
I think they should go back and re-do their books in a more stable currency like the dollar and they will see their revenue never grew ..Nothing can grow under the awkward leadership of this Buhari I know
Frustrated thing

cheesy grin

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Re: CCNN (sokoto Cement Plc) Revenue Grew By 47.7% Compared To Q3 2016 by SalamRushdie: 10:30am On Oct 22, 2017
SillyMods:

Frustrated thing

cheesy grin

Your input is needed on the thread below

https://www.nairaland.com/4131528/why-reinstated-fugitive-ex-pension-chief#61658230

Oya come and display your usual smartness and amaze us.
Re: CCNN (sokoto Cement Plc) Revenue Grew By 47.7% Compared To Q3 2016 by cyojunior1(m): 10:35am On Oct 22, 2017
just here to see how the ethnic bigots start bashing themselves
Re: CCNN (sokoto Cement Plc) Revenue Grew By 47.7% Compared To Q3 2016 by victorazyvictor(m): 11:28am On Oct 22, 2017
qimo:


Nobody is leaving the country, the southerners must benefit from the oil too
we no want
Re: CCNN (sokoto Cement Plc) Revenue Grew By 47.7% Compared To Q3 2016 by yazach: 11:30am On Oct 22, 2017
Some parts of the country are looking for ways to be economically balance.

Some are busy shouting our oyel and burning their future (cutting head as medicine for headache)

Some are being brainwashed by political secession and violence.

I will sit down and watch the looser

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Re: CCNN (sokoto Cement Plc) Revenue Grew By 47.7% Compared To Q3 2016 by efighter: 12:09pm On Oct 22, 2017
SalamRushdie:
I think they should go back and re-do their books in a more stable currency like the dollar and they will see their revenue never grew ..Nothing can grow under the awkward leadership of this Buhari I know

You are wrong to say that nothing can grow under Buhari. Check these things that have grown very well under Buhari.

1. Your stupidity and frustration has grown astronomically under Buhari.

2. Your blood pressure has also grown astronomically and very soon, you will die of hypertension.

3. Number of Biafran pigs and idiots taking hard drugs oversea and the number awaiting execution in Asia has grown proportionally.

4. Infrastructural development has grown in the North and South-West just has Biafrans and South-South miscreants have continually destroyed their infrastructure and environment.

5. Lagos has gone into alliance with Kebbi to produce Lake Rice while Biafra went into alliance with South-South to destabilize their regions.

6. Lagos governor commissioned three fly-overs last May while Biafran and South-South states commissioned Biafra Security Service that ran away when the python came to dance.

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Re: CCNN (sokoto Cement Plc) Revenue Grew By 47.7% Compared To Q3 2016 by SalamRushdie: 12:51pm On Oct 22, 2017
efighter:


You are wrong to say that nothing can grow under Buhari. Check these things that have grown very well under Buhari.

1. Your stupidity and frustration has grown astronomically under Buhari.

2. Your blood pressure has also grown astronomically and very soon, you will die of hypertension.

3. Number of Biafran pigs and idiots taking hard drugs oversea and the number awaiting execution in Asia has grown proportionally.

4. Infrastructural development has grown in the North and South-West just has Biafrans and South-South miscreants have continually destroyed their infrastructure and environment.

5. Lagos has gone into alliance with Kebbi to produce Lake Rice while Biafra went into alliance with South-South to destabilize their regions.

6. Lagos governor commissioned three fly-overs last May while Biafran and South-South states commissioned Biafra Security Service that ran away when the python came to dance.

Just see how senseless you sound now ...So Ambodes achievement as a governor is now what you are shamelessly parading as Buharis ..I dare you to name one thing that has grown under Buhari apart from death rate and poverty

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Re: CCNN (sokoto Cement Plc) Revenue Grew By 47.7% Compared To Q3 2016 by SillyMods: 4:18pm On Oct 22, 2017
SalamRushdie:


Your input is needed on the thread below

https://www.nairaland.com/4131528/why-reinstated-fugitive-ex-pension-chief#61658230

Oya come and display your usual smartness and amaze us.
I expect you are on a lengthy ban, assuming justice has been done.
Re: CCNN (sokoto Cement Plc) Revenue Grew By 47.7% Compared To Q3 2016 by efighter: 6:52pm On Oct 22, 2017
SalamRushdie:


Just see how senseless you sound now ...So Ambodes achievement as a governor is now what you are shamelessly parading as Buharis ..I dare you to name one thing that has grown under Buhari apart from death rate and poverty

Death rate of blood thirty book haram idiots and secessionist Biafran pigs and idiots has increased, just as birth rate in Yoruba land and Northwest has also increased.

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