Economy

Lafarge Africa declares 600 kobo dividend as profit jumps 173%

Lafarge Africa Plc has proposed a final dividend of 600 kobo per 50 kobo ordinary share for the year ended December 31, 2025, following a strong earnings performance that saw profit after tax surge by 173 percent to N273.12 billion.


The cement manufacturer, in its unaudited financial results, reported a profit before tax of N411.32 billion, driven by stronger operating earnings and improved net finance income.


The company recorded an income-tax expense of N138.20 billion, translating to an effective tax rate of 33.6 percent after accounting for corporate tax, education tax, and adjustments for non-taxable income and disallowable expenses.

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