Dangote Sugar Refinery Plc reported earnings results for the second quarter and six months ended June 30, 2024. For the second quarter, the company reported sales was NGN 172,897.11 million compared to NGN 100,558.94 million a year ago. Net loss was NGN 75,013 million compared to NGN 40,783.89 million a year ago. Basic loss per share from continuing operations was NGN 6.17 compared to NGN 3.35 a year ago. Diluted loss per share from continuing operations was NGN 6.17 compared to NGN 3.35 a year ago.
For the six months, sales was NGN 295,624.44 million compared to NGN 202,783.68 million a year ago. Net loss was NGN 144,000.46 million compared to NGN 27,978.57 million a year ago. Basic loss per share from continuing operations was NGN 11.85 compared to NGN 2.3 a year ago. Diluted loss per share from continuing operations was NGN 11.85 compared to NGN 2.3 a year ago.