Dangote Sugar Refinery Plc has declared loss after tax of N184.36 billion for the period ended 30 September 2024.
The manufacturing firm reported revenue of N484.427 billion for the 9 months period, up by 56.41% from N309.713 billion reported the previous year.
Loss after tax of N184.357 billion was reported for the 9 months period as against N27.027 billion loss after tax reported in Q3 2023. This is traceable to increase in Finance Cost by 1561.8% to N300.175 billion from N18.063 billion recorded the previous year.
Earnings per share of Dangote Sugar stands at NEGATIVE N15.18.
At the share price of N30.80, the P/E ratio of Dangote Sugar stands at NEGATIVE 2.03x with earnings yield of NEGATIVE 49.28%.