Dangote Cement - August 2013

Dangote Cement Plc has reported a 52.8 per cent rise in its profit before tax (PBT) in the half year ended 30 June 2013. PBT in the period reached NGN107.7bn (US$670m), compared to NGN70.8bn in the same period in 2012. Gross profit was also up, increasing by 43.8 per cent from NGN91.9bn to NGN132.1bn. Operating profit fared equally well, rising from NGN76.4bn to NGN111.1bn, an increase of 45.4 per cent. 

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