Earnings Update | DANGCEM | 9M:2022 Macroeconomic Headwinds Impact Performance

DANGCEM’s revenue grew strongly to NGN1.18trn in 9M:2022 topping the corresponding period last year by 15.17%. The impressive group outing was supported by price increases and better
realization from its national consumer promotion program (Bag of goodies season 3) which improved the firm’s market share in Nigeria.

Earnings Update- DANGCEM– 9M 2022

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