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Dangote Cement Q3 Profit Soars

Dangote

According to a report filed at the Nigerian Stock Exchange today, Dangote Cement Plc has reported a higher turnover and profit margin for its third quarter.

The turnover for the pan African cement giant rose to 365.45 billion naira versus 310.21 billion naira a year ago

Pretax profit for the period also increased to N166.91 billion naira compared to 154.05 billion a naira year ago.

For shareholders earnings per share (diluted) rose to 9.80 naira, from N8.26 naira.

Click below to read full report:  http://www.nse.com.ng/Financial_NewsDocs/11135_DANGOTE_CEMENT_PLC_Q3_SEPT_2015_FINANCIAL_STATEMENTS_OCTOBER_2015.pdf

 

Posted by Janice Johnson

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