Dangote Cement Plc has reported a 230.35% year-on-year surge in pre-tax profit to ₦418.06 billion for Q2 2025, up from ₦126.55 billion in the same period last year.
This exceptional performance brings the company’s half-year pre-tax profit to ₦730 billion, marking a 149% YoY rise.
Nigeria’s largest cement producer also posted a Q2 profit after tax of ₦311.21 billion, a 303% increase from ₦77.23 billion in Q2 2024.
As of H1 2025, post-tax profit hit ₦520.46 billion, already exceeding its full-year 2024 profit by 3%..
Driving this growth was a 14.24% YoY increase in revenue to ₦1.1 trillion in Q2, supported by a modest 3% rise in cost of sales to ₦446.29 billion.
A key factor in the earnings boost was the sharp 50% drop in finance costs to ₦104.3 billion, stemming from the absence of foreign exchange losses.
The company had recorded ₦138 billion in FX-related losses in Q2 2024, but this drag was completely eliminated in Q2 2025, significantly improving net income.
Dangote Cement is well-positioned to outperform market expectations in 2025. The combination of revenue growth, stable input costs, and reduced finance expenses suggests a sustained upward trajectory.
