Business Segments Dangote Cement Plc

Equities

DANGCEM

NGDANGCEM008

Construction Materials

End-of-day quote Nigerian S.E. Other stock markets 06/02/2026			5-day change	1st Jan Change
680.00 ^NGN	+3.03%		+7.09%	+11.66%

02-02	Nigeria's Dangote refinery expands gas deals with NNPC to secure fuel for expansion programmes	RE
11-25	Wall Street Continues to Shift

Sales 2024 by Business Segment

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Sales 2024 by Geography

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Historical Breakdown of Revenue by Business Segments

Net Income: Breakdown by Business Segment

Breakdown by Business Segment (NGN)

Fiscal Period: December	2020	2021	2022	2023	2024
Concrete
Nigeria	720B	993B	1,205B	1,298B	2,193B
Total Assets	2,356B	2,835B	2,928B	3,169B	5,481B
Interest Expense	-29.49B	-44.69B	-97.57B	-	-418B
Income Tax Expense	78.14B	154B	136B	64.83B	179B
CAPEX	-282B	-153B	-56.61B	-	-
EBITDA	421B	610B	659B	650B	1,087B
D&A	54.6B	65.22B	72.58B	67.98B	81.71B
Operating Income	367B	545B	586B	582B	1,006B
Net Income	370B	439B	506B	554B	1,184B
Pan Africa	319B	397B	415B	926B	1,481B
Total Assets	900B	929B	1,101B	2,311B	3,247B
Interest Expense	-44.2B	-97.26B	-175B	-	-293B
Income Tax Expense	19.1B	20.02B	6.04B	32.69B	50.1B
CAPEX	-45.22B	-14.92B	-112B	-	-
EBITDA	71.31B	88.83B	64.92B	264B	345B
D&A	36.8B	38.56B	51.46B	85.45B	149B
Operating Income	34.51B	50.27B	13.46B	178B	196B
Net Income	-81.12B	-30.58B	-111B	-4.79B	-24.37B
West & Central Africa	-	-	-	-	-
Interest Expense	-	-	-	-	-
Total Assets	-	-	-	-	-
CAPEX	-	-	-	-	-
EBITDA	-	-	-	-	-
D&A	-	-	-	-	-
Operating Income	-	-	-	-	-
Net Income	-	-	-	-	-
South & East Africa	-	-	-	-	-
Interest Expense	-	-	-	-	-
Total Assets	-	-	-	-	-
CAPEX	-	-	-	-	-
EBITDA	-	-	-	-	-
D&A	-	-	-	-	-
Operating Income	-	-	-	-	-
Net Income	-	-	-	-	-
Corporate	-	-	-	-	-
Interest Expense	-	-	-	-	-
Total Assets	-	-	-	-	-
CAPEX	-	-	-	-	-
EBITDA	-	-	-	-	-
D&A	-	-	-	-	-
Operating Income	-	-	-	-	-
Net Income	-	-	-	-	-
EBITDA	-17B	-15.42B	-16.69B	-26.82B	-49.83B
Operating Income	-17B	-15.42B	-16.69B	-26.82B	-49.83B
Net Income	-17B	-15.42B	-16.69B	-26.82B	-49.83B
Eliminations	-4.43B	-7.09B	-1.91B	-15.48B	-93.53B
Total Assets	-1,234B	-1,372B	-1,414B	-1,541B	-2,325B
Interest Expense	29.7B	76.24B	142B	-	10.41B
CAPEX	157B	115B	105B	-	-
EBITDA	2.39B	989M	1.24B	-1.1B	-693M
D&A	-20M	-1.68B	-1.67B	-1.56B	-1.06B
Operating Income	2.41B	2.66B	2.91B	464M	366M
Net Income	3.87B	-28.72B	4.2B	-67.15B	-607B

Geographical Revenue Distribution History

Geographical breakdown of sales (NGN)

Fiscal Period: December	2020	2021	2022	2023	2024
Nigeria	720B	986B	1,203B	1,282B	2,099B
Total Assets	1,790B	1,943B	2,004B	1,921B	3,956B
Tanzania	37.88B	63.66B	74.38B	128B	260B
Total Assets	170B	184B	182B	338B	541B
Total Assets	49.39B	63.72B	78.09B	207B	370B
Ethiopia	58.07B	67.19B	103B	354B	253B
Total Assets	62.26B	52.32B	171B	415B	337B
Cameroon	57.27B	68.55B	64.8B	104B	236B
Total Assets	49.02B	45.94B	45.79B	97.01B	141B
South Africa	52.7B	69.12B	64.47B	102B	223B
Total Assets	71.95B	68.97B	69.04B	114B	187B
Senegal	46.93B	51.27B	34.05B	92.47B	192B
Total Assets	92.69B	90.42B	89.86B	179B	265B
Congo	12.44B	17.95B	23.25B	48.94B	121B
Total Assets	103B	93.33B	89.92B	182B	258B
Zambia	26.15B	31.8B	31.19B	53.28B	116B
Total Assets	45B	58.11B	59.3B	83.51B	123B
Ghana	16.94B	16.85B	13.06B	37.59B	80.01B
Total Assets	15.86B	18.51B	12.47B	54.01B	85.35B
Sierra Leone	10.3B	10.95B	6.35B	5.25B	1.15B
Total Assets	15.47B	14.02B	8.61B	49.82B	89.01B