Nigeria’s largest sugar refinery, Dangote Sugar Refinery Plc has announced a profit before tax (PBT) of N36.27 billion for the nine months ended September 30, 2022. According to the sugar refiner’s unaudited results posted on the Nigerian Exchange portal, PBT rose by N13.17 billion compared to N23.10 billion posted in the corresponding period in 2022.…
Tags: Dangote Sugar
Dangote Sugar commits billions to CSR schemes in Adamawa, Nasarawa
The Dangote Sugar Refinery Plc (DSR) has scaled up its social intervention programmes around host communities in Adamawa and Nasarawa States where its Backward Integration projects are located. The Group is investing hugely in raw sugar production as part of the Federal Government Sugar Master Plan. This is coming on the back of $500m that…
Industrial Growth: Dangote Tasks States on Investments Enablers
President of the Dangote Group, Aliko Dangote has challenged state governments to consider as topmost priority, the provision of enabling environment for investments as a potent means of attracting private sector operators to their state for investments. The business mogul, who was speaking on the sideline during the recently concluded Nasarawa economic summit in Lafia,…
Dangote Increases Sugar Production By 9.2% to 811,962 Tonnes
For the full year ended December 31, 2021, the Management of Dangote Sugar has revealed that the group’s production volume increased by 9.2 percent to 811,962 tonnes in contrast to 743,858 tonnes, in the corresponding period of 2020. This volume was said to be achieved on the strength of improved operational efficiency despite the adverse…
Emir of Kano, Gov., Others Hail Dangote’s Contributions to Nigeria’s Economy through Investments
The Dangote Industries Limited over the weekend buoyed its catalogue of approval rating with the commendations from Emir of Kano, Aminu Ado Bayero and the Kano state governor, Abdulahi Umar Ganduje, both of whom lauded the contributions of the pan-African conglomerate to the economic well-being of Nigeria. Emir Bayero, who visited the Dangote pavilion at…
Dangote to Delight Participants at 2021 Lagos Trade Fair
Africa’s foremost indigenous conglomerate, Dangote Industries Ltd is adding verve to 2021 Lagos Trade Fair which begins this week with five companies from the group participating in the fair. The companies participating in the fair are Dangote Cement, Dangote Sugar, NASCON, Dangote Oil Refinery and Dangote Fertiliser. A statement from Corporate Communications Unit of Dangote…