Nigeria’s Ashaka Cement says 2014 pretax profit rises 84.5 pct

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LAGOSNigeria’s Ashaka 2014 pretax profit rose 84.5 percent 5.25 naira ($26 million) year ago, the said on Tuesday.

Revenue declined by 2.58 percent during the period to 21.13 billion naira, the unit of Lafarge Africa said in a statement.

($1 = 199.00 naira) (Reporting by Chijioke Ohuocha; Editing by James Macharia) (Reuters)[pro_ad_display_adzone id=”10″]