Dangote Cement Plc reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported sales was NGN 369,219 million compared to NGN 331,641 million a year ago. Net income was NGN 38,891 million compared to NGN 85,372 million a year ago. Basic earnings per share from continuing operations was NGN 2.3 compared to NGN 5.02 a year ago.
For the nine months, sales was NGN 1,177,256 million compared to NGN 1,022,186 million a year ago. Net income was NGN 209,513 million compared to NGN 275,926 million a year ago. Basic earnings per share from continuing operations was NGN 12.41 compared to NGN 16.23 a year ago.