Dangote Cement files N761bn turnover, grows profit to N208bn in Q3’20

Dangote Cement Plc on Friday 6th of November, 2020 released its quarter three unaudited result for the period ended, 30th September, 2020.

The manufacturing giant filed a total turnover of N761.444 billion, up by 12.01% away from N679.791 billion reported in Q3, 2019.

Profit before tax grew by 37.58% to settle at N271.960 billion above N197.680 billion reported in 2019.

The cement producer posted a profit after tax of N208.685 billion, soared by 35.20% better than N154.350 billion recorded for the first nine month in 2019.

Earnings per share (EPS) for the period under review grew to N12.25 from N9.06 made in 2019, implying a growth of over 35% year on year.

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