Dangote Cement Plc has announced an impressive pre-tax profit of ₦311.974 billion for the first quarter ended March 31, 2025, representing an 87.48% increase compared to ₦166.404 billion recorded in Q1 2024.

Key Financial Highlights:

• Revenue: ₦994.659 billion, up 21.69% year-on-year.​

• Gross Profit: ₦587.394 billion, reflecting a 40.13% increase.​

• Operating Profit: ₦397.419 billion, up 55.67%.​

• Profit After Tax: ₦209.245 billion, an 85.71% rise from ₦112.674 billion in Q1 2024.​

• Earnings Per Share (EPS): ₦12.29, up 83.98% from ₦6.68.​

The company's robust performance was primarily driven by strong revenue growth in its Nigerian operations, which contributed ₦696.042 billion, accounting for 69.98% of the group's total revenue. This marks a significant increase from the 55.41% contribution in Q1 2024.

Conversely, revenue from Pan-African operations declined by 15.37% year-on-year to ₦322.653 billion, reducing its share of group revenue to 32.44%.​

Despite a 7.41% decrease in production volume to 6.547 million tons and a 6.72% drop in sales volume to 6.569 million tons, the company managed to enhance its profitability through effective cost management and operational efficiency.

Notably, finance costs saw only a slight increase, aided by a significant reduction in foreign exchange losses from ₦63.765 billion in Q1 2024 to ₦17.472 billion.

Dangote Cement's total assets grew modestly by 0.66% to ₦6.445 trillion, while cash and cash equivalents stood at ₦417.663 billion, a 7.15% decrease from the previous quarter.​

This strong financial performance underscores Dangote Cement's resilience and strategic focus on its core markets, positioning the company for sustained growth in the subsequent quarters.​