Dangote Sugar Refineries for the first half of the year 2020 declared a turnover of N103.2 billion, which translates to a growth of 28.46% from the turnover of N80.4 billion reported in the first half of 2019.
Profit after tax grew marginally by 5.51% to N11.58 billion from N10.98 billion achieved in half year 2019.
Earnings per share (EPS) appreciated to 97 kobo from the EPS of 91 kobo achieved the previous year.
With reference to the share price of N11.95, P.E ratio of Dangote Sugar is calculated as 12.38x with earnings yield of 8.08%.