July 24, 2020

By Yakubu LAAH InvestAdvocate

Lagos (INVESTADVOCATE)-Cement producer and Nigeria’s most capitalised listed company, Dangote Cement  Plc on Friday said its profit after tax (PAT) for the period ended June 30, 2020 grew 5.58 percent to N126.14 billion from N119.24 billion recorded a year ago, the company said in a filing with the Nigerian Stock Exchange (NSE).

Post-tax profit increased 4.7 percent to N162.85 billion from N155,48 billion posted the same period of 2019.

Revenue of the cement manufacturer, inched up 2.0 percent to N476.85 billion from N467.73 billion declared the corresponding period of 2019.