Dangote Cement Plc announces Board meeting.

Dangote Cement Plc has notified stakeholders and the investing public of its imminent Board of Directors meeting, scheduled on April 29, 2021.

This is according to a disclosure signed by the Company’s secretary, Edward Imoedemhe and sent to the Nigerian Stock Exchange.

The meeting is most likely to consider the unaudited financial statements of the company for the quarter ended 31st of March, 2021 (Q1, 2021) and a host of other germane issues. Sequel to this, the company will be observing a close period from 14th of April, 2021 until 24 hours after the unaudited financial statements have been filled with The Exchange.

What you should know:

  • During the close period, no insider of Dangote Cement Plc will be able to deal with its shares, whether directly or indirectly.
  • Dangote Cement Plc had earlier reported a Profit of N276.07 billion in FY 2020.

For more information about the notice, click HERE.

Dangote Cement Plc posts N276.07 billion profit in FY 2020.

Dangote Cement Plc released its full-year results for the year ended 31st December 2020.

  • Revenue for the year was N1.034 trillion. (+16% YoY)
  • The cost of sales was N437.97 billion. (+15% YoY)
  • Operating profit was N386.73 billion. (+29% YoY)
  • Profit for the year was N276.07 billion. (+38% YoY)
  • Earnings per share of N16.14. (+38% YoY)
  • A dividend of N16 was recommended by the board.

See link to results.