Dangote Sugar Refineries has declared a final dividend of N1 for the year ended 31 December 2021.
In the Audited Financial Statement of the Company published on Tuesday, Dangote Sugar reported a turnover of N276.055 billion, up by 28.82% from N214.298 billion.
Profit after tax of N22.052 billion was achieved for the 12 months period, down by 25.94% from N29.775 billion reported the previous year.
Earnings per share of the Company for the period under review dropped to N1.82 from the EPS of N2.45.
At the share price of N16.90, the P/E ratio of Dangote Sugar stands at 9.31x with earnings yield of 10.74%.
