Nascon Allied Industries has released its unaudited financial statement for the period ended March 31, 2022, showing how rising costs caused a drop in profit by 46.5 percent, the lowest first quarter result since March 2019.
The salt maker’s profit stood at N386.4 million in March 2022, a 46.5
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Folake Balogun
Folake Balogun is a tech journalist covering Africa’s fast-growing digital economy with a strong focus on incisive analysis of startup trends, venture capital, and fintech innovation, while also exploring emerging technologies such as artificial intelligence and the future of connectivity by highlighting their economic and social impact.
