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Home Markets Equities Company Results

Dangote Sugar increases post tax profit by 33%, as earnings per share prints at N2.45

Blurb Team @Nairametrics by Blurb Team @Nairametrics
March 5, 2021
in Company Results, Consumer Goods, Markets
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Dangote Sugar released its full-year results for the year ended 31 December 2020.

  • Revenue during the year was N214.30 billion. (+33.03% YoY)
  • Operating profit during the year was N44.44 billion. (+48.47%YoY)
  • The company reported a profit after tax of N29.78 billion. (+33.16% YoY)
  • Earnings per share N2.45 vs N1.87. (+31.02% YoY)
  • A dividend of N1.50k was proposed by the Board of Directors.
  • The company share price is trading at N16.50. (-6.25% year to date)

See link to results.

Blurb Team @Nairametrics

Blurb Team @Nairametrics

The "Blurb Team" is the official conveyer of the opinions of the Nairametrics Research & Analysis Board on matters of financial reports, macroeconomic data, and economic policies.

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Nigerian Ehis Akhimie convicted in US for $6 million fraud, faces up to 20 years in prison 

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