Dangote Cement Reports N638.5bn Profit in H1 2026

Dangote Cement Plc announced a profit after tax of N638.5 billion for the first half (H1) of 2026, marking a 22.7% increase compared to the previous period. The company reported a significant growth in cement and clinker exports from Nigeria, which rose by 62.3% to 1.1 million tonnes.

This growth underscores Nigeria's position as a regional manufacturing and export hub. During this period, Dangote Cement dispatched 20 clinker ships to Ghana, Cameroon, and Côte d’Ivoire, indicating rising demand in West Africa.

Group revenue increased by 21.4% to N2.514 trillion, while Group EBITDA rose by 25.8% to N1.188 trillion, achieving a margin of 47.3%. Earnings per share advanced by 24.3% to N38.22, with a strong net cash position of N215.2 billion.

The company’s domestic market EBITDA rose by 28.4% to N1.086 trillion, with margins improving to 60.1%. CEO Mr. Arvind Pathak noted that the results reflect strong momentum and disciplined execution, with ongoing construction of the new 6Mta Itori plant expected to enhance production and export capacity.