Dangote Sugar’s Half-Year Net Loss Narrows to N24bn
Dangote Sugar Refinery posted a loss after tax of N24.27 billion for the first six months of the year compared
Dangote Sugar Refinery posted a loss after tax of N24.27 billion for the first six months of the year compared to N144.01 billion a year earlier.
Its revenue rose to N430.21 billion from N295.62 billion, according to its earnings report released on Thursday.
The company swung to a pretax profit of N523.89 million in the second quarter from a loss of N104.56 billion in the same period of 2024.
Our standardsReported and edited by the Markets Reporters newsroom. How we workUse of AISummaries, audio and Ask MR answers are generated from our reporting and labelled. Reporting and writing are human.CorrectionsSpotted an error? Tell us — we correct and note it.
Free newsletter
