Earnings Update- DANGCEM- H1:2021

In the first half of 2021, DANGCEM raked in a total of NGN434.14bn (+48.66%YoY) and NGN198.50bn (+36.87%YoY) in revenue from its Nigerian and Pan-African businesses respectively. While cement demand in Nigeria remained strong due to Government CAPEX and increased activities of homebuilders and real estate developers, the company also resumed cement exports via its terminals in Q2:2021, with a shipment of 57Kilotons

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Earnings Update- DANGCEM H1-2021

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