• Sells 4.7m tonnes across African plants in six months
Dangote Cement has revealed that its Pan African sales increased by 2.7 per cent to nearly 4.7 million tonnes for the six month ended on June 30, 2019.
To the delight of its investors, the company also revealed that its Tanzania Plants now runs on gas turbines, just as sales volumes from its Senegal Plants are more than 100 per cent of its rated capacity.
The company said in a statement yesterday that these results are good signs of better days ahead for the company’s investors.
It would be recalled that the company paid a whopping N272.6 billion as dividends to its shareholders last financial year, translating to N16 per 50kobo share, and representing an increase of 52.4 per cent against total dividend of N178.9 billion or N10.50 per share paid by the company for 2017 financial year.
The Chairman of the company, Aliko Dangote had recently said its cement terminals in Lagos…
Source: Thisday Newspaper
