website page counter Raw material cost of industrial goods companies nearly doubles in H1 2024 as FX pressure bites – Pixie Games

Raw material cost of industrial goods companies nearly doubles in H1 2024 as FX pressure bites

Notable industrial goods companies in industrial goods sector of the Nigeria Stock Exchange (NGX) saw the cost of purchasing raw materials increased significantly in the first half of the year. A review of the financial statement of Dangote cement, BUA cement, CAP Plc, Lafarge cement, and Beta Glass reveals that raw materials cost rose to …

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