Dangote Cement’s earnings soar in H1 2025, surpassing full-year 2024 profit, with strong margins and EPS growth boosting investor confidence

Dangote Cement’s earnings have skyrocketed in the first half of 2025, outpacing its entire 2024 full-year profit and putting the company on course for a record-setting financial year.

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The cement giant reported an operating profit of N810.98 billion, marking a 47.02% year-on-year increase, while basic earnings per share (EPS) surged 173% to N30.74.

This growth is underpinned by an 18% YoY rise in revenue and a modest 2.4% rise in cost of sales, resulting in a robust gross margin of 59%.

Additionally, finance costs dropped sharply by 34.99%, freeing up more profit for shareholders.

Despite a 14.66% decline in cash and cash equivalents (now at N383.9 billion), the company’s total assets grew to N6.617 trillion, with shareholders’ fund rising to N2.22 trillion.

These stellar Dangote Cement’s earnings underscore strong operational efficiency and signal continued earnings quality.

Analysts believe the company’s performance could spark greater investor confidence amid macroeconomic headwinds.

In the stock market, Dangote Cement closed at N490 per share on July 25, 2025, reflecting a 2.97% YtD gain—a modest climb compared to the 49.67% return delivered in 2024.

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With strong fundamentals and momentum, Dangote Cement is well-positioned for a historic year.