DANGCEM Declares N119.24bn PAT in Q2 2019 Results,(SP:N170.00k)

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Monday, July 29, 2019 / 02:45PM / NSE / Header Image Credit: Youtube


Dangote Cement Plc released its Q2 Unaudited Results for the Period ended June 30, 2019.

 

Key Highlights

Revenue declined by 3.0% to N467.73bn from N482.44bn in the previous year.

Profit Before Tax declined by 16.2% to N155.49bn from N185.54bn recorded in the previous year.

Profit After Tax however grew by 5.4% to N119.24bn.

Net Assets declined by 15.7% to N831.24bn from N986.61bn as at 31st December, 2018.


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Graph – One Year Share Price Movement

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