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Home Business News

Dangote Cement Plc releases Q3 2018 result

Fikayo Owoeye by Fikayo Owoeye
October 22, 2018
in Business News, Company News, Company Results
Dangote Cement
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Dangote Cement Plc has released its results for the 9 months ended 30th September 2018. Here are the key highlights of the results:

Revenue

Revenue for the company increased from N603 billion in 2017 to N685 billion. This represents a 13.54%  increase year on year.

Profit Before Tax

Profit Before Tax increased from N220 billion in 2017 to N247 billion. This represents a 12.35% increase year on year.

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Profit After Tax

Profit after tax also increased from 154 billion in 2017 to 158 billion. This represents a 2.70% increase year on year.

Earnings Per Share

The earnings per share also increased from N9.04 in 2017 to N9.29 in 2018. This represents a 2.70% increase year on year.

Current Share Price

Dangote Cement Plc is currently trading at N210.00 in today’s trading session on the floor of the Nigerian Stock Exchange.

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Fikayo Owoeye

Fikayo Owoeye

Fikayo has a degree in computer science with economics from Obafemi Awolowo University. ITIL v3 in IT service management. An alumnus of Daystar Leadership Academy. Prior to joining Nairametrics had stinct in Project management, Telecommunications among others. Also training in Consulting and Investment banking from Edubridge Academy. He has very keen interest in Politics, Agri-business, private equity and global economics. He loves travelling and watching football. You can contact him via fikayo.owoeye@nairametrics.com

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Comments 1

  1. Blessed-Carter says:
    October 22, 2018 at 4:38 pm

    Am so much interested in the share aspect like seriously N210.00 damn I need an info into shares

    Reply

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