Aliko Dangote's Cement Business Hauls In 1.35 Billion In Six Months

Revenue rose 17.7 to 1.35 billion, driven by improved pricing and Nigerias strong cement market despite lower sales volume.

Net profit surged 174.1 to 340.27 million, with earnings per share rising from N11.26 to N30.74 in the first half of 2025.

Cement exports to Ghana, Cameroon, and Congo helped reinforce Nigerias transition from importer to regional cement exporter.

Dangote Cement Plc, Africas largest cement producer, controlled by Nigerian billionaire industrialist Aliko Dangote, reported a robust 17.7 percent revenue increase to nearly 1.4 billion in the first half of 2025, building on strong momentum from the first quarter.

The growth was driven by higher cement and clinker sales volumes across its Nigerian and key African markets, driven by ongoing investments in housing, commercial developments, and cross-border infrastructure upgrades that have supported the construction materials sector.

The companys recently released financial report shows that Africas largest cement maker posted a 17.7 percent revenue increase to N2.07 trillion 1.35 billion in the first half of 2025, up from N1.76 trillion 1.15 billion a year earlier.

Net income surged 174.1 percent to N520.46 billion 340.27 million, underscoring the companys dominance in Nigerias industrial sector. Also, earnings per share rose to N30.74 0.0201 from N11.26 0.0074. The jump in profitability came despite a slight dip in total sales volumes, reflecting the companys successful pricing strategy and operational discipline.

Revenue from Nigeria, the cement makers largest market, jumped 45.5 percent to N1.44 trillion 942.99 million as ex-factory prices rose and production volumes climbed to 6.59 million tonnes from 6.15 million tonnes. Domestic sales volumes edged down to 8.95 million tonnes from 8.99 million tonnes.