October 25, 2024/CSL Research Dangote Cement’s recently released unaudited results for the first nine months of 2024 showed a remarkable Revenue increase of 69.1% y/y, rising to N2.56 trillion from N1.51 trillion in the same period of 2023. However, on a q/q basis, Revenue declined by 15.1%, reaching N800.52 billion […]
Results & Dividends
Dangote Cement Plc Q3-24: Rising Cost and Currency Pressures Weigh on Earnings
October 25, 2025/Cordros Report DANGCEM published their Q3-24 unaudited financials today (25 October), reporting a 9.9% y/y decline in Q3-24 standalone PAT with EPS declining by 6.8% y/y to N5.29. The earnings decline was mainly due to a 60.4% y/y growth in COGS (ex-depreciation), and a 406.3% y/y increase in […]
Guinness Nigeria Plc Q1 2025: : Cost Pressures Erode Profitability
October 25, 2024/CSL Research Guinness Nigeria Plc reported a 111.4% year-on-year (y/y) increase in Revenue for Q1 2025 – the opening quarter of its new fiscal year 2025 (July–September), rising to ₦125.89billion from ₦59.54billion in Q1 2024. Also, the company’s top-line performance improved q/q, up 59% from ₦79.19billion in Q4 […]
