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Browsing: Michel Puchercos
Shareholders at Dangote Cement Plc have all reasons to smile after the Company proposed a dividend payment of N16 per share on Tuesday when releasing its audit report for the financial year that ended on December 31, 2020.
Dangote Cement company said this in its audited financial reports released by the Nigerian Stock Exchange (NSE) on Tuesday.
The audit report shows that, Over the sum of N50 billion recorded in the year 2019 the company will pay a tax charge of N97 billion during the period in review.
Dangote Cement’s Nigerian operations during the period sold 15.9Mt for the full year 2020, compared with 14.1Mt in 2019.
This sales are inclusive of both cement and clinker sales, which implies a 12.9 per cent growth for the full year 2020. Looking at the domestic sales alone, Nigerian operations sold 15.6Mt, up by 14.3 per cent year on year and resulting in …
