October 25, 2024/US SEC By Gary Gensler Today, the Commission approved amendments to help ensure the continuity of clearing services during times of significant stress. I am pleased to support the amendments because they enhance the resiliency of an important part of our market plumbing, clearinghouses, which are fundamental for […]
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Dangote Cement 9M 2024: Cost Pressures and FX Loss Pressure Bottom-Line
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 […]
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 […]
