Nigeria Business & Finance Updates

Dangote Sugar Refinery Plc, Financial Results

Dangote Sugar Refinery Plc, Financial Results

Financial Results – Dangote Sugar Refinery Plc
Year Ended 31st March, 2019
2019
N(‘000)
2018
N (‘000)
Percentage Difference
Gross Earnings 38,146.05 41,138.32 -7%
Profit Before Tax 10,855.92 8,393.57 29%
Tax (3,697.25) (3,114.52)
Profit After Tax 7,004.29 5,279.05 33%
Year Ended 31st December, 2018
2018
N (Millions)
2017
N (Millions)
Percentage Difference
Gross Earnings 150,373.08 204,422.38 -26%
Profit Before Tax 34,601.06 53,598.87 -35%
Tax (12,624.59) (13,815.26)
Profit After Tax 21,976.47 39,783.61 -45%
Third Quarter Ended 30th September, 2018
2018
N (Millions)
2017
N (Millions)
Percentage Difference
Gross Earnings 116,755.54 163,031.19 -28%
Profit Before Tax 26,207.15 39,251.48 -33%
Tax (9,497.55) (12,731.79)
Profit After Tax 16,709.60 26,519.69 -37%
Year Ended 31st March, 2018
2018
N(‘000)
2017
N (‘000)
Percentage Difference
Gross Earnings 41,138.32 59,527.46 -31%
Profit Before Tax 8,393.57 7,041.40 19%
Tax (3,114.52) (2,283.29)
Profit After Tax 5,279.05 4,758.11 11%
Year Ended 31st December, 2017
2017
N(‘000)
2016
N (‘000)
Percentage Difference
Gross Earnings 204,422.38 169,724.94 20%
Profit Before Tax 53,598.87 19,614.43 173%
Tax (13,815.26) (5,218.50)
Profit After Tax 39,783.61 14,395.94 176%
3rd Quarter Ended 30 September, 2017
2017
N (‘000)
2016
N (‘000)
Percentage Difference
Gross Earnings 163,031.19 115,253.19 41%
Profit Before Tax 39,251.48 15,318.72 156%
Tax (12,731.79) (5,201.67)
Profit After Tax 26,519.69 10,117.05 162%
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