Dangote Cement Plc on Friday published its Audited Financial Statement for the year ended 31 December 2023.
The Group reported revenue of N2.208 trillion for the 12 months period, up by 36.44% from N1.618 trillion reported in 2022 year end.
Profit after tax of N455.583 billion was achieved for the year 2023, up by 19.17% from N382.311 billion reported in 2022.
Earnings per share of Dangote Cement stands at N26.74.
At the share price of N686.70, the P/E ratio of Dangote Cement stands at 25.49x with earnings yield of 3.89%.
A final dividend of N30 has been proposed by the Board of Directors of the Company to shareholders for the year under review.