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Gifted Analysts

Research and Analytics

Dangote Cement

Financial Highlights of Bua Cement Plc in 9M-2020

By Adebisi SamuelPosted on Posted in Business & FinanceTagged , , , , , , , , No Comments on Financial Highlights of Bua Cement Plc in 9M-2020

Gross profit grew by 13.6% compared to the corresponding period of 2019. The gross profit growth is however slow due to the fact that the growth in cost of sales was more than the growth in revenue. While revenue grew by 13.6% y/y, the cost of sales grew by 28.8%. Hence, gross profit printed N71.73 billion.

Financial Performance of Dangote Cement Plc in the First 9 Months of 2020

By Abdulazeez KurangaPosted on Posted in Business & FinanceTagged , , , , , , No Comments on Financial Performance of Dangote Cement Plc in the First 9 Months of 2020

In the first 9 months of 2020, Dangote Cement (DANGCEM) plc was able to grow its revenue by 12% on the basis of solid production volume (+5.6% y/y to 18.40 million tonnes) with an overall effect on sales volume (+6.6% y/y to 19.21 million tonnes).

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