DANGCEM Declares N200bn PAT in 2019 Audited Results, Proposes N16.00k Final Div. (SP:N170.00k)

Wednesday, February 26, 2020 / 5:09 PM / NSE / Header Image Credit: Dangote Cement

Dangote Cement Plc released its 2019 Audited results for the period ended December 31st, 2019.

Key Highlights

• Revenue declined by -1.1% to N892bn from N901bn in the previous quarter.

• Profit before tax declined by 16.7% to N250bn.

• Profit after tax declined by 48.6% to N200.5bn.

• Net Assets declined by -9% to N898bn from N987bn.

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