Dangote Sugar Refinery Plc reported earnings results for the second quarter and six months ended June 30, 2022. For the second quarter, the company reported sales was NGN 91,008.37 million compared to NGN 64,558.45 million a year ago. Net income was NGN 11,374.4 million compared to NGN 4,305.57 million a year ago. Basic earnings per share from continuing operations was NGN 1 compared to NGN 0.35 a year ago. Diluted earnings per share from continuing operations was NGN 1 compared to NGN 0.35 a year ago.
For the six months, sales was NGN 185,457.43 million compared to NGN 131,952.08 million a year ago. Net income was NGN 20,246.44 million compared to NGN 12,609.76 million a year ago. Basic earnings per share from continuing operations was NGN 1.67 compared to NGN 1.04 a year ago. Diluted earnings per share from continuing operations was NGN 1.67 compared to NGN 1.04 a year ago.