Dangote Cement Declares N638.5bn Profit as Exports Grow 62.3% in H1 2026

Dangote Cement Declares N638.5bn Profit as Exports Grow 62.3% in H1 2026

Kayode Tokede

Dangote Cement Plc yesterday said it grew cement and clinker exports from Nigeria by 62.3 per cent to 1.1 million tonnes in the first half (H1) ended June 30, 2026, reinforcing the country’s position as a regional manufacturing and export hub, while also reporting a 22.7 per cent rise in profit after tax to N638.5 billion.

The company said it dispatched 20 clinker ships from Nigeria to Ghana, Cameroon and Côte d’Ivoire during the period, reflecting rising demand for its products across West Africa and the growing contribution of exports to its pan-African growth strategy.

The unaudited results for the H1 2026 also showed that Group revenue increased by 21.4 per cent to N2.514 trillion, while Group EBITDA rose by 25.8 per cent to N1.188 trillion, reflecting a margin of 47.3 per cent. Earnings per share advanced by 24.3 per cent to N38.22, as the company closed the period with a strong net cash position of N215.2 billion.