DANGCEM Declares N126bn PAT in Q2 2020 Results, (SP:N134.20k)


Friday, July 24, 2020 / 3:29 PM / NSE / Header Image Credit: Bloomberg/Getty Images

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Dangote Cement Plc released its Q2 2020 Unaudited results for the period ended June 30th, 2020.

Key Highlights

  • Revenue grew by 2% to N477bn from N468bn in the previous quarter.

  • Profit before tax grew by 4.7% to N163bn.

  • Profit after tax grew by 5.8% to N126bn.

  • Net Assets declined by -17.7% from N898bn to N739bn.

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