Speaking the truth... | Town Crier News Nigeria | Whatsapp No: 08027723347, 08072777599,08122784467,09063474539
Home » NGX: Dangote Cement Gets Market Capitalization Of N4.47trillion

NGX: Dangote Cement Gets Market Capitalization Of N4.47trillion

by admin

NGX: Dangote Cement Gets Market Capitalization Of N4.47trillion

 

 

 

 

 

 

 

Posted By Town Crier News Nigeria

 

 

 

 

 

 

Published By Fitness Network Communications

 

 

 

 

 

 

 

Dangote Cement Plc’s share price ended the week at N262.30, the same amount it closed at the end of the previous trading week.

The company, which is the most capitalized cement producer on the NGX, has a total Market capitalization of N4.47 trillion as of market close this week.

Dangote Cement Plc is currently the second most-valued company quoted on the exchange and makes up roughly 22% of the total market capitalization of all stocks worth over one trillion.

NewsBeatng reports that the Q3 2022 financial result revealed a profit of N40.50 billion, representing a 52.67% dip from the N86.6 billion Y-o-Y. Meanwhile, revenue for the period stood at N369.21 billion, an 11.3% increase from the corresponding period of 2021.


You may also like

Leave a Comment

Sponsored Adverts

Social Media Auto Publish Powered By : XYZScripts.com
Visit Us On Facebook