Dangote Cement Posts N2.07 Trillion Half-Year Revenue, Surpasses 57% of 2024 Turnover

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Dangote Cement Plc has reported a remarkable N2.07 trillion in revenue for the first six months of 2025, underscoring its position as Africa’s largest cement producer and reinforcing expectations for another record-breaking year.

The company’s half-year revenue represents 57.86 percent of its full-year turnover for 2024, a performance achieved despite volume declines and rising operational costs across its plants. Analysts note that the figures highlight Dangote Cement’s resilience and ability to maintain profitability in a challenging macroeconomic environment.

Dangote Cement manufactures and distributes cement, a key raw material for housing, road, and infrastructure projects. Its flagship plants include the Obajana facility in Kogi State—one of the largest in Africa—alongside operations in Gboko, Benue State, and Ibese, Ogun State.

Industry observers point out that while cost pressures and weaker demand have affected output, Dangote’s pricing power, extensive distribution network, and export strategy continue to drive revenue growth. The performance is also seen as a signal of strong construction activity in Nigeria and across its other African markets.

With six months still remaining in the financial year, investors and market analysts are closely watching whether Dangote Cement will outperform its 2024 full-year earnings, further solidifying its dominance in the continent’s cement industry.

 

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