BUSINESS

Dangote Cement Grows Profit By 33.33% To N278.25bn In Nine Months

 

Dangote Cement Plc, Africa’s largest cement producer has released its unaudited interim financial statements for the three months and nine months ended 30 September 2021 with 4.94% growth in group profit for the third quarter to N86.620 billion from N82.542 billion in Q3 2020.

Profit for the nine months period rose by 33.33% to N278.250 billion from N208.685 billion in 2020.

Group revenue for Q3 rose to N331.641 billion from N284.592 billion in 2020. Figure for the nine months rise N1.022 trillion from N761.444 billion in 2020.

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