Dangote Cement hits N1.18tn revenue in 9 months

Dangote Cement in the Third Quarter of 2022 hit N1.177 trillion as revenue. This represents 15.17% growth compared to N1.022 trillion reported the previous year. The cement manufacturing giant declined in its profit after tax by 23.41% year on year to N213.1 billion from N278.25 billion reported in Q3 2021. Earnings per share of Dangote Cement stands[…]



Guinness Nigeria reports N52.85bn revenue in 3 months

Guinness Nigeria Plc on Wednesday published its First Quarter report for the 3 month ended 30 September 2022. The company reported a turnover of N52.85 billion for the 3 months period, up by 11.33% from N47.469 billion reported the previous year. Profit after tax declined year on year by 32.03% to N2.75 billion from N4.044 billion achieved[…]