About Dangote Cement PLC. Dangote Cement is Africa's leading cement producer with existing operations in over 10 African countries, we are well on our way to becoming one of the world's leading cement companies and certainly the largest in Sub-Saharan Africa. SEE SITE. Key Figures. ₦1,383.6B. Revenues in 2021.
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Dangote Cement is Africa's leading cement producer with operations in 10 African countries, revenues in excess of US$2.2 billion and 24,000 employees. We are a fully integrated quarry-to-customer producer with production capacity of up to 45.6 million tonnes per annum (Mta) across Africa at the end of 2017.
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The revenue of Dangote Cement Plc, a Nigerian cement manufacturer, rose by 101 percent within a year, according to its latest unaudited financial statement. …
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Dangote Cement incurred a total tax expense of N97.5 billion ($60.3 million) in 2023, marking a notable decrease from the N141.7 billion ($87.6 million) recorded in the previous year. This performance is also evident in Dangote Cement's balance sheet, with total assets swelling from N2.61 trillion ($1.61 billion) as of Dec. 31, …
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To shore up the valuation of its stock, Dangote Cement completed two tranches of share repurchase between 2020 and 2022, during which it bought back 166.9 million shares.
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Dangote Cement Plc, a leading cement company majority owned by Africa's richest man Aliko Dangote, posted a single-digit rise in its profit for the first half of the …
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Dangote Cement is Africa's leading cement producer with existing operations in 10 African countries, we are well on our way to becoming one of the world's leading cement companies and certainly the largest in Sub-Saharan Africa. The company is a subsidiary of Dangote Industries Limited and it's mainly involved in the manufacturing ...
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Dangote Cement has released its unaudited financial statements for Q1 2024, posting a gross turnover of N817.35 billion, representing a 101% year-on-year increase from the N406.7 billion sales posted in Q1 2022. ... The group also sold 7.04 million tonnes of cement during the quarter, compared to 6.27 million tonnes sold in Q1 2023.
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An Emerging Force in Global Cement Production. Dangote Cement is Africa's leading cement producer with operations in 10 African countries, and revenues in excess of US$3.5 billion in 2022. We are a fully …
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Dangote Cement itself, Africa's leading cement producer, was one such investor. Embracing the challenge and opportunity to make a critical contribution to Ethiopia's sustained growth and development, the company earmarked $650 million for the construction of a flagship cement manufacturing facility at a 135-hectare site in Mugher – …
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The cement behemoth, under the leadership of Dangote, disclosed in its recently published nine-month financial report that its profit surged by 30.2 percent, rising from N213.1 billion ($266.04 million) in the corresponding period of 2022 to N277.55 billion ($346.5 million) in the nine months of the current fiscal year.
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Dangote Cement has production capacity of 45.6 million tonnes per year across ten countries in Sub-Saharan Africa. We have integrated factories in seven countries, a clinker grinding plant in Cameroon and import and distribution facilities for bulk cement in Ghana and Sierra Leone. Together, these operations make us
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Dangote Cement has the capacity to produce 48.6 million metric tons annually and has operations in 10 countries across Africa. After many years in development, Dangote's fertilizer plant in ...
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As sub-Saharan Africa's largest cement producer, Otedola reaffirmed that Dangote Cement boasts an annual production capacity of 51.6 million tons across 10 countries.
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With rich limestone reserves of about 223 million tonnes, it is the largest cement plant in Ethiopia capable of producing high-quality 32.5 and 42.5-grade cements to meet market needs, and at competitive costs. ... Dangote Cement has set new standards by pioneering the 42.5R grade 'Dangote 3X Cement', which is designed to give more value to ...
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Dangote Cement Plc, the multinational cement giant, majority owned by Africa's richest man Aliko Dangote, maintained strong momentum in the first quarter (Q1) of 2024, doubling revenue year-over-year to N817.4 billion ($659.3 million). The robust performance was driven by a combination of higher cement prices and increased sales …
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₦'million ₦'million ₦'million ₦'million ₦'million ₦'million Profit for the period 60,592 60,254 200,521 104,761 77,498 261,349 Other comprehensive income, net of income tax: ... Dangote Cement Plc ("theCompany")was incorporated in Nigeria as a public limited liability company on 4th November, 1992 and commenced ...
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Dangote Cement Plc, Ibese Plant, has marked its 2023 Host Community Day in a grand style with the unveiling of four multi-million Naira empowerment schemes targeted at youths, women, farmers and students in the company's host communities. At the well-attended event witnessed by leading traditional rulers, women and youth leaders from …
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16. Dangote Cement Plc Notes to the condensed consolidated and separate interim financial statements For the three months and nine months ended 30 September 2023. 14 Right-of-use assets. 14.1 Group Land and Plant and Motor buildings machinery vehicles Total. ₦'million₦'million₦'million₦'million Cost.
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₦'million ₦'million ₦ ... Dangote Cement Plc ("theCompany")was incorporated in Nigeria as a public limited liability company on 4 November 1992 and commenced operations in January 2007 under the name Obajana Cement Plc. The name was changed on 14 July 2010 to Dangote Cement Plc.
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With rich and abundant limestone reserves of 300 million tonnes, Senegal is a long-term strategic resource, given the general lack of limestone along the coast of West Africa. ... Dangote Cement has set new standards by pioneering the 42.5R grade 'Dangote 3X Cement', which is designed to give more value to the end users. 3X is decoded to ...
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Dangote Cement is Africa's leading cement producer with operations in 10 African countries, revenues in excess of US$2.2 billion and 24,000 employees. We are a fully integrated quarry-to-customer producer with production capacity of up to 45.6 million tonnes per annum (Mta) across Africa at the end of 2017.
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The Cameroonian subsidiary of the Nigerian Dangote Cement group announces sales of one million tons of cement in the country during the first nine months of 2023. With this 1.6% year-on-year sales increase, the company claims 32.2% of a market estimated at 3.1 million tons during the period under review, according to the company's …
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By Our Reporters. Dangote Industries Limited says it has signed an agreement with China Sinoma International Engineering to build a six million tons per annum cement plant in Itori, Ogun State ...
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Dangote Cement Plc Condensed separate statement of changes in equity For the six months ended 30 June 2023 Share capital Share premium Treasury Shares Capital contribution Retained earnings Total equity ₦'million ₦'million ₦'million ₦'million ₦'million ₦'million
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Dangote Cement is Africa's leading cement producer with operations in 10 African countries, and revenues in excess of US$3.5 billion in 2022. We are a fully integrated quarry-to-customer producer with production capacity …
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Dangote Cement has released its unaudited financial statements for Q1 2024, posting a gross turnover of N817.35 billion, representing a 101% year-on-year increase …
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Aliko Dangote, Africa's wealthiest individual, is set to bolster his fortune by an astonishing $284.5 million. This substantial financial boon stems from his significant …
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Obajana has limestone reserves of 647 million tonnes, expected to last for about 45 years. ... Dangote Cement has set new standards by pioneering the 42.5R grade 'Dangote 3X Cement', which is designed to give more value to the end users. 3X is decoded to mean "Xtra strong, Xtra life and Xtra yield". The new offering comes in a 50 Kg bag ...
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To be a global leader in cement production, respected for the quality of our products and services and for the way we conduct our business. Our Mission. To deliver strong returns to our shareholders by selling high-quality products at affordable prices, backed by excellent customer service. To help Nigeria and other African countries towards ...
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With about 500 million tonnes of limestone reserves, enough for 149 years, the plant is capable of producing large amounts of high-quality 32.5 and 42.5 grade cements to meet local market needs at competitive prices, as well as surrounding export markets by sea. ... Dangote Cement has set new standards by pioneering the 42.5R grade 'Dangote ...
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About Dangote Cement. Dangote Cement Plc is Sub-Saharan Africa's leading cement company, with a production capacity of 52.0 million tonnes per year across ten countries. Together, these operations make us the …
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