Dangote Cement Plc has announced a robust profit after tax of N311.2 billion for the second quarter ended June 30, 2025, marking a staggering 303% increase from the N77.2 billion recorded in the same period last year. The impressive growth was driven by a 14% rise in revenue to N1.08 trillion in Q2 2025, up from N943 billion in Q2 2024, alongside improved margins and strong operational efficiency.

Gross profit rose by 24% year-on-year to N630.6 billion, while operating profit climbed to N413.6 billion, despite increases in administrative and selling expenses. Finance income surged to N97.4 billion from N13.4 billion, cushioning the impact of high finance costs, which remained elevated at N104.3 billion, though significantly lower than the N209.3 billion reported a year earlier. The company also recorded a gain of N11.4 billion from net monetary positions. After accounting for a tax expense of N106.9 billion, net profit stood at N311.2 billion for the quarter.

For the half-year period ended June 30, 2025, Dangote Cement posted a profit of N520.5 billion, representing a 174% increase from N189.9 billion in H1 2024. Revenue for the six-month period grew by 18% to N2.07 trillion. Earnings per share (EPS) also reflected the strong performance, rising to N18.44 in Q2 2025 from N4.57 in Q2 2024, and reaching N30.74 for the half-year, compared to N11.26 in the previous year.