Surging operational expense, high energy costs stifles Ashaka Cement’s growth

Surging operational expenses, high energy costs and stiff competition by rival companies have dampened growth of one of the four major cement makers Ashaka cement Plc. For the year ended December 2013, Ashaka cement grew revenue by an abysmal 0.59 percent to N21.69 billion from N21.82 billion in 20