Dangote Cement Plc has reported ₦2.07 trillion revenue for the first half of 2025, up 17.7% from ₦1.76 trillion in H1 2024.
Profit after tax jumped 174% to ₦520.5 billion, with net margin rising to 25.1% from 10.8% a year earlier.
Despite a 4.1% drop in sales volume to 13.37m tonnes, the company boosted earnings through higher prices and resilient demand.
Nigeria operations led growth, generating ₦1.44 trillion revenue and an 82% surge in EBITDA, while Pan-Africa operations slipped 15.5% due to regional headwinds. Exports, however, rose 18.2% with clinker shipments to Ghana and Cameroon.
Improved FX conditions and tighter cost controls also lifted margins, with a ₦45.7bn forex gain replacing last year’s heavy loss.
With half-year revenue already at 58% of 2024’s full-year figure, the cement giant is on track for a potential record-breaking year.