Dangote Cement Maintains N245.00 Share Price


The share price of Dangote Cement Plc was unchanged at N245.00 at the end of the trading week.

The company, which is a competitor of Bua Cement Plc and Wapco Plc, and the most capitalized cement producer on the NGX, has a total Market capitalization of N4.17 trillion as of market close this week.

NewsBeatng reports that Dangote Cement Plc is currently the second most-valued company quoted on the exchange and makes up roughly 22% of the total market capitalization of all stocks worth over one trillion.

The H1 2022 financial result revealed a profit of N172.10 billion, representing a 33.83% increase Y-o-Y.

Meanwhile, revenue for the period stood at N808.04 billion, a 17.01% increase from the corresponding period of 2021.


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