Dangote Sugar Refinery
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WaneInvestmentHouse
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Dangote Sugar Refinery Plc Reports N192.6 Billion Loss After Tax for FY 2024 - to focus on profitability and declare Dividend for Investor
Dangote Sugar Refinery Plc has announced a significant loss after tax of N192.6 billion for the financial year ended December 31, 2024, representing a 161% increase from the N73.76 billion loss recorded in the previous year. Key Point: Despite a 51% increase in revenue to N665.69 billion, the company's profitability was severely impacted by a 78% surge in cost of sales to N634.58 billion, resulting in a 64% decline in gross profit.
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5.4% undervalued intrinsic discount15.09%
Revenue growth p.a.
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