March 3, 2022/FSDH Research Key Performance Highlights: Zenith Bank reported good results for FY21, with the gross earnings recording a 9.9% YoY jump and the net profit growing by 6.1% YoY to N244.6 billion in FY21. The gross earnings rose 9.9% YoY to N765.6 billion in FY21, powered by a […]
Results & Dividends
Dangote Cement reports robust fourth quarter and full-year results
March 3, 2022/FSDH Research Key Performance Highlights: Dangote Cement Group revenue increased by 33.8% YoY to N1,384 billion in FY21 (2020: N1,034 billion), and 32.5% YoY in 4Q21 to N361 billion in 4Q21, outperforming its closest competitor Lafarge Africa (+27.1% YoY) comprehensively. The gross profit for the year increased by […]
Demand momentum remains robust as Lafarge Africa records strong growth in FY21
March 3, 2022/FSDH Report Key Performance Highlights: Lafarge Africa recorded a 27.1% YoY revenue growth in FY21, underperforming its closest competitor, Dangote Cement (+33.8% YoY). Lafarge Africa’s revenues grew 27.1% YoY to N293.1 billion in FY21, and the Cost of Sales rose 23.7% YoY to N150.5 billion, resulting in a […]
