Dangote Sugar Refinery Plc. recently published its 2019FY and Q1:2020 financial scorecards. The firm reported a 7.12% growth in its 2019FY topline to NGN161.09bn (vs. NGN150.37bn in 2018FY). The performance was supported by improvements in both sugar production volumes (+13.33% YoY to 654,072 tonnes) and sales volumes (+17.71% YoY to 684,487 tonnes) during the period.
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Earnings Update – DANGSUGAR 2019FY and Q12020