DANGCEM Declares N276bn PAT in 2020 Audited Results, Proposes N16.00K Final Dividend; (SP:N220.00K)

Wednesday, March 24, 2021 / 10:32 AM / By NSE / Header Image Credit: Bloomberg

Dangote Cement Plc released its 2020 Audited results for the period ended December 31st, 2020.

Key Highlights

• Revenue grew by 16% to N1tn from N892bn in the previous quarter.

• Profit before tax grew by 49% to N373bn.

• Profit after tax grew by 38% to N276bn.

• Net Assets declined by -0.8% from N898bn to N891bn.

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