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

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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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