₦airaland Forum

Africa’s largest cement producer, Dangote Cement has announced resilient results for the six months ended 30th June 2021 as Group sales volumes hit 15.3Mt. According to the company’s unaudited results for the period under review, Nigerian operations accounted for a sales volume of 9.87 Mt while pan African operations contributed the balance of 5.5Mt. The increase in sales volume was supported by an increase in housing infrastructure and commercial construction.

In the period, the cement giants posted a profit after tax of ₦191.6 billion after a tax charge of N89.6 billion. The company recommenced clinker exports from Nigeria in second quarter, with two clinker shipments, one each from Apapa and Onne terminals.

https://newsrand.com/2021/08/01/dangote-cement-posts-resilient-performance-in-first-half-2021/