Dangote Cement posts N817.35bn revenue for Q1 2024

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Nigeria's largest Cement marker, Dangote Cement Plc has published its First Quarter report for the period ended 31 March 2024.

The Company reported N817.35 billion revenue for the 3 months period, up by 100.96% from N406.72 billion reported in Q1 2023.

Profit after tax of N112.674 billion was reported for the 3 months period, up by 2.9% from N109.5 billion reported the previous year.

Earnings per share of Dangote Cement stands at N6.61.

At the share price of N656.7, the P/E ratio of Dangote Cement stands at 99.32x with earnings yield of 1.01%.

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