Dangote Cement Plc earned ₦743.3 billion in profit in the first nine months of 2025.
This figure represents a 166% jump from ₦279.1 billion last year.
Even though sales volumes dipped slightly, the company boosted earnings through strategic pricing.
Dangote Cement Profit Soars Despite Sales Dip
Firstly, higher cement prices and strong performance in Nigeria drove growth.
In addition, Pan-African operations contributed, while foreign exchange gains helped offset rising costs.
Nigeria And Africa Drive Growth
Group revenue climbed 23% to ₦3.15 trillion, up from ₦2.56 trillion last year.
Sales volume fell 2% to 20.24 million tonnes, but the average selling price rose 26%, reaching ₦155,875 per tonne.
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Costs Managed, Profits Up
Gross profit surged 41% to ₦1.87 trillion, driven by better pricing and cost control.
Energy remained the largest cost at ₦569 billion, followed by materials ₦255 billion and staff ₦108 billion.
Selling and distribution expenses rose 8% to ₦500.6 billion, and administrative costs climbed to ₦202.3 billion.
Finance income more than doubled to ₦77.1 billion, while finance costs fell to ₦286 billion.
Overall, despite weaker sales, Dangote Cement delivered one of its strongest performances through effective pricing, efficiency, and regional balance.
