Earnings Update | DANGCEM | H1:2022 Grinding Through a Rocky Path

Bedeviled by the unfavorable macroeconomic environment during the first half of the year, DANGCEM reported a drop in its group sales volume by 7.01% to 14.21Mta (vs. 15.27Mta in H1:2021). This was impacted by the decline in sales volume from its Nigerian business(down 5.34% YoY to 9.34Mta in H1:2022), due to the high base effect from H1:2021.

Earnings Update – DANGCEM H1 2022

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