Dangote Cement posts N1.53trn profit, 109% YoY surge
Dangote Cement Plc reported a pre-tax profit of N1.53 trillion for 2025, up 109% from N732.54 billion in 2024. Revenue grew 20% to N4.31 trillion, driven by Nigeria's 35% YoY domestic revenue increase to N2.96 trillion. Cost of sales fell 0.68% to N1.63 trillion, boosting gross profit 38% to N2.67 trillion and operating profit 53% to N1.77 trillion. Finance costs dropped 50% to N351.50 billion, enabling pre-tax profit to double despite 0.9% volume decline to 27.5 million tonnes. Profit after tax rose 102% to N1.01 trillion, with earnings per share increasing 101% to N59.86. The board proposed a 50% dividend increase to N45 per share. Management highlighted 3Mta Côte d'Ivoire plant and 18.6% export growth, including 34 shipments to Ghana and Cameroon. The company is converting 3,000 CNG trucks to reduce costs further.