Cement Price Emerges As Dangote Cement Announces Huge First Quarter Profit

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Naijanews April 26, 2024 8:14 p.m.

Cement Price Emerges As Dangote Cement Announces Huge First Quarter Profit

“Despite elevated cost pressures, increased borrowing costs, and a further currency weakening, our first-quarter results reflect our commitment to navigating challenges effectively.” Dangote’s latest feat is coming against the backdrop of reduced cement prices.

Chief executive officer of Dangote Cement, Arvind Pathak, was quoted as saying, “Driven by an uptick in economic activities, our Nigerian operations witnessed a strong rebound, with volumes up 26.1 percent to 4.6Mt in the quarter..

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