Close Menu
    Trending
    • Son reflects on ‘perfect’ goodbye after playing final Tottenham game
    • NCC Set To Introduce Stiffer Sanctions Against Errant ICT Operators
    • Renewed Hope Housing City, Karsana: Subscribers Urge Swift Action on Certificates of Occupancy
    • $1trn economy impossible without competitive maritime, logistics system — Akutah
    • We’re not ready for 2027 polls — Ya’u
    • Father and Son – CBS News
    • South Korea dismantles border loudspeakers to ease tensions with N Korea | Conflict News
    • BBNaija S10: People think I’m unapproachable and doing too much – Dede reveals
    Nigeria Newz
    • Home
    • Nigeria News
    • Nigeria Politics
    • Africa News
    • World News
    • US News
    • Nigeria Lifestyle
    • More
      • Nigeria Business
      • Nigeria Economy
      • Entertainment
      • Nollywood Movies
      • Relationship
      • Soccer
      • Sports
      • Travel News
    Nigeria Newz
    Home»Nigeria Business»Dangote Cement Grows Nigeria’s Exports By 18.2%, Records N520.5bn Net Profit
    Nigeria Business

    Dangote Cement Grows Nigeria’s Exports By 18.2%, Records N520.5bn Net Profit

    NigeriaNewzBy NigeriaNewzJuly 29, 2025No Comments3 Mins Read
    Share Facebook Twitter Pinterest LinkedIn Tumblr Telegram Email Copy Link
    Follow Us
    Google News Flipboard
    Share
    Facebook Twitter LinkedIn Pinterest Email


    Dangote Cement Plc has reported a revenue after tax of N520.5 billion for the half yr ended June 30, 2025.

    The cement large additionally achieved an 18.2 per cent progress in Nigerian exports, highlighting its vital contribution to the nation’s economic system.

    The Firm’s H1 2025 unaudited outcomes launched on the Nigerian Trade confirmed that Group income rose by  17.7 per cent to N2.072 trillion from N1.760 trillion in H1 2024.

    Group EBITDA up 41.8 per cent to N944.9 billion from N666.221 billion, whereas Nigeria EBITDA up 82.4 per cent year-on-year to N845.4 billion.

    Revenue after tax rose by 174.1 per cent to N520.455 billion in comparison with N189.904 billion in H1 2024, whereas earnings per share rose by 173.0 per cent to N30.74 as towards N11.26 in H1 2024.

    Additional working highlights revealed that group volumes fell by 4.1 per cent to 13.4Mt. The Group dispatched 18 ships of clinker from Nigeria to Ghana and Cameroon, whereas Nigeria cement and clinker exports up 18.2 per cent at 671.1Kt

    Talking on the outcomes, chief government officer of Dangote Cement, Arvind Pathak mentioned, “we’re happy to report a stable efficiency within the first half of 2025, underscoring the power, resilience, and adaptableness of our enterprise amidst enhancements in key macroeconomic indicators.”

    He famous that the group income grew by 17.7 per cent, reflecting each strategic pricing actions and continued demand for our merchandise throughout markets. Our concentrate on operational effectivity and value containment is delivering tangible outcomes.

    “Group EBITDA rose by a formidable 41.8 per cent, whereas group revenue surged by 174.1 per cent, surpassing our full-year 2024 revenue in simply six months. This exceptional efficiency is a testomony to our disciplined execution, robust price management, and the strategic investments we have now made over time.

    “Whereas Group volumes declined by 4.1 per cent to 13.4Mt, on account of softer demand in key markets, we stay inspired by the expansion in our export enterprise. Export volumes from Nigeria elevated by 18.2 per cent, with 18 profitable clinker shipments made to Ghana and Cameroon.

    This demonstrates the rising significance of our pan-African footprint and our ongoing dedication to regional commerce and self-sufficiency,” he defined.

    Pathak added that “our strategic priorities stay centered on long-term worth creation. We’ve got made vital progress in additional strengthening our price structure. Throughout the interval, we started the phased supply of 1,600 extra CNG-powered vehicles, which is able to considerably cut back our logistics prices and improve environmental effectivity.”

    He added that “with the brand new administration of Emmanuel Ikazoboh as the brand new chairman on board, we’re assured that this management group will drive sustainable progress and unlock new alternatives.

    “As we transfer into the second half of the yr, we stay centered on driving innovation, strengthening our pan-African operations, and delivering sustainable returns to our buyers.”



    We’ve bought the sting. Get real-time stories, breaking scoops, and unique angles delivered straight to your cellphone. Don’t accept stale information. Be a part of LEADERSHIP NEWS on WhatsApp for twenty-four/7 updates →



    Join Our WhatsApp Channel







    Source link

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    NigeriaNewz
    • Website

    Related Posts

    NCC Set To Introduce Stiffer Sanctions Against Errant ICT Operators

    August 4, 2025

    Shippers’ Council Seeks Abia Govt. Support On Isiala Ngwa Inland Dry Port Revival

    August 4, 2025

    Charcoal Trade Threat To Forest Sustainability, Livelihood – FG

    August 4, 2025
    Add A Comment
    Leave A Reply Cancel Reply

    Economy News

    I regret being hardworking despite having rich father – Davido

    By NigeriaNewzJuly 27, 2025

    Afrobeats singer, David Adeleke, popularly generally known as Davido, has stated he regrets being hardworking…

    UN expert Albanese rejects ‘obscene’ US sanctions for criticising Israel | Israel-Palestine conflict News

    July 10, 2025

    England U21 two goals down against Germany in Group B clash

    June 18, 2025

    Benue: State police tops discussion as insecurity ravages Nigeria

    June 19, 2025

    Terry G addresses allegations of hijacking hit song from AY.Com

    July 10, 2025
    Categories
    • Africa News
    • Entertainment
    • Nigeria Business
    • Nigeria Economy
    • Nigeria Lifestyle
    • Nigeria News
    • Nigeria Politics
    • Nollywood Movies
    • Relationship
    • Soccer
    • Sports
    • Travel News
    • US News
    • World News
    About us

    Welcome to Nigerianewz.com — your trusted source for the latest and most comprehensive news about Nigeria, Africa, and the world.

    At Nigerianewz.com, we are passionate about keeping you informed with up-to-date, accurate, and insightful news coverage across a wide range of topics that matter to you. Whether you want to catch up on Nigeria Politics, get breaking Africa News, or stay updated on global happenings through our US News and World News sections, we’ve got you covered.

    Our mission is to connect you with authentic stories, powerful voices, and engaging content that reflects the dynamism of Nigeria and the broader African continent. Nigerianewz.com is designed to be your go-to platform for everything happening at home and around the globe.

    Thank you for choosing Nigerianewz.com — where news lives, breathes, and speaks to you.

    Recent Posts

    What homebuyers should do before rate cuts, according to mortgage experts

    July 15, 2025

    FIFA agree to mandatory rest period amid concerns of heavy player workload

    July 13, 2025

    WAFCON: Super Falcons clinch 10th title, pocket $1m prize money

    July 27, 2025

    Youth Party, LP reject Lagos LG election results, call for cancellation

    July 16, 2025

    I wish FCT minister, Wike was a musician, he will make hits – Odumodublvck

    July 7, 2025
    Categories
    • Africa News
    • Entertainment
    • Nigeria Business
    • Nigeria Economy
    • Nigeria Lifestyle
    • Nigeria News
    • Nigeria Politics
    • Nollywood Movies
    • Relationship
    • Soccer
    • Sports
    • Travel News
    • US News
    • World News
    • Privacy Policy
    • Disclaimer
    • Terms and Conditions
    • About us
    • Contact us
    Copyright © 2025 Nigerianewz.com All Rights Reserved.

    Type above and press Enter to search. Press Esc to cancel.