Dangote Sugar declares N192.62bn loss for FY 2024

Dangote Sugar Refinery Plc has declared loss after tax of N192.62 billion for the year ended 31 December 2024.

The Group reported revenue of N665.69 billion for the 12 months period, up by 50.80% from N441.45 billion reported the previous year.

Loss after tax of N192.62 billion was reported for the year under review as against the loss after tax of N73.76 billion reported the previous year.

Earnings per share of the Group stands at NEGATIVE N15.86

At the share price of N34.50, the P/E Ratio of Dangote Sugar stands at NEGATIVE 2.18x with earnings yield of NEGATIVE 45.96%.

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