DANGSUGAR Releases 2019 Audited, Q1 2020 Results; Declares N6.4bn PAT in Q1 2020, (SP:N14.00k)

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Friday, May 29, 2020 / 2:43 PM / NSE / Header Image Credit: Dangote Sugar 


Dangote Sugar Refinery Plc released its Q1 2020 Unaudited results for the period ended March 31st, 2020.


Key Highlights

  • Revenue grew by 24.9% to N47.6bn from N38.1bn in the previous quarter.

  • Profit before tax declined by 11% to N9.5bn.

  • Profit after tax declined by 9% to N6.4bn.

  • Net Assets also grew by 5.9% to N114.5bn from N108.1bn.
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