Dangote Cement Plc reported a profit after tax of ₦222.81 billion for the third quarter (Q3) ended September 30, 2025, a 166 percent increase when compared to ₦89.19 billion filed in the same period of 2024.
For the first nine-month, profit rose to ₦743.26 billion from ₦279.10 billion recorded a year earlier.
Revenue for the nine months grew 23 percent to ₦3.15 trillion, up from ₦2.56 trillion in 2024, driven by higher cement demand and improved selling prices.
Third-quarter revenue closed at ₦1.08 trillion, against ₦800.52 billion in the corresponding period of 2024.
Gross profit increased to ₦1.87 trillion from ₦1.32 trillion a year earlier. Cost of sales stood at ₦1.29 trillion, compared to ₦1.24 trillion in 2024.
Operating profit advanced to ₦1.23 trillion, higher than ₦750.40 billion posted in the prior year. Finance income rose to ₦77.10 billion from ₦29.13 billion, while finance costs declined to ₦286.04 billion from ₦451.22 billion.
Profit before tax stood at ₦1.04 trillion, compared to ₦406.39 billion last year. Basic earnings per share increased to ₦43.82, from ₦16.55 in 2024.
At the company level, profit after tax totalled ₦609.24 billion for the nine months, compared with ₦348.59 billion a year earlier.
Third-quarter profit was ₦234.50 billion, higher than ₦150.40 billion in 2024.
Total comprehensive income closed at ₦751.17 billion, against ₦965.80 billion in 2024, reflecting currency translation effects from foreign operations.
Dangote Cement continues to maintain a strong operational position, supported by increased efficiency, stable pricing, and cost optimisation across its Nigerian and Pan-African plants.