Results & Dividends

Domestic Financial Market Company Update

March 4, 2024/United Capital Research Kindly see below company dividend declarations as at Friday, 01-March-2024.  S/N Company Bonus Dividend/Share Dividend Yield Type Period Qualification Dates Closure of Register Payment Date 1 BUA Cement Plc – ₦2.00 1.5% Final Dividend 31-Dec-23 9-Aug-24 12-Aug-24 29-Aug-24 2 Dangote Cement Plc – ₦30.00 4.4% […]

Dangote Sugar Refinery Plc FY 2023: High FX Loss Erodes DSR’s Profitability

March 4, 2024/CSL Research In its FY 2023 audited earnings result, Dangote Sugar Refinery Plc’s (DSR) Revenue rose to N441.45bn (+9.5% y/y) from N403.25bn in 2022. The company’s topline performance was largely driven by the accretion in its sales of sugar (50kg), sugar (retails) and molasses to N426.45bn (+9.1% y/y), […]

Dangote Cement Delivers Robust FY23 Results

FSDH Initial Reaction: Dangote Cement FY23 results  Kindly click here to download the report. March 4, 2024/FSDH Research Key Performance Highlights: Dangote Cement Group revenue increased by 36.4% YoY to N2,208.1 billion in FY23 (FY22: N1,618.3 billion) and 57.2% YoY in 4Q23 to N693.5 billion. The FY23 revenue growth was […]