Lafarge Africa Plc reports N29.35bn as profit in 6 months

Lafarge Africa Plc (WAPCO) on Monday published its Second Quarter report for the period ended 30 June 2024.

The Group reported revenue of N295.575 billion for the 6 months period, up by 49.52% from N197.681 billion reported the previous year.

Profit after tax of N29.35 billion was reported for the 6 months period, down by 17.27% from N35.479 billion reported the previous year.

Earnings per share of Lafarge Africa stands at N1.82.

At the share price of N36.8, the P/E ratio of Lafarge Africa stands at 20.20x with earnings yield of 4.95%.

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