Dangote Cement Plc’s share price ended the week at N266.90 from N265.00 at the end of the last trading week to gain N32.37 billion.
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 N4.54 trillion as of market close this week.
NewsBeatng reports that Dangote Cement Plc is the third most-valued company quoted on the exchange and makes up roughly 23% of the total market capitalization of all stocks worth over one trillion.
The Q3 2022 financial result revealed a profit of N40.50 billion, representing a 52.67% dip from the N86.6 billion Y-o-Y. Meanwhile, revenue for the period stood at N369.21 billion, an 11.3% increase from the corresponding period of 2021.
