Dangote Cement in its third quarter report for the period ended, September 30, 2019 recorded a turnover of N679.8 billion, down by 0.80% from N685.3 billion reported in the third quarter of 2018.
Profit after tax declined by 2.48%, closing at N154.35 billion from the previous close of N158.28 billion in 2018.
Earnings per share for the period under review is N9.06, down by 2.48% from the previous earnings per share of N9.29 in the third quarter of 2018.
With reference to the share price of N146, the P. E ratio of Dangote Cement stands at 16.11x with earnings yield of 6.21%.