Dangote Cement's Profit Grows 23% to ₦639 Billion in First Half of 2025

Dangote Cement’s profit rose by 22.7 percent in the first half of 2025 compared to the same time last year. This is according to the latest results from the leading cement producer in sub-Saharan Africa.

The company plans to increase its production capacity from 55 million tonnes per annum (MTPA) to 80 MTPA by 2030. This expansion is expected to help drive future growth. The profit increase came mainly from higher sales of cement and clinker.

Clinker is a key material in making cement and is used in many cement products. It was a major part of Dangote Cement’s exports from Nigeria in 2025. The company operates in nine other African countries.

Sales jumped to ₦2.5 trillion, up from ₦2.1 trillion, thanks to a 10 percent rise in production volume.

An investment firm in Lagos, Cardinal Stone, believes the company will reach ₦4.8 trillion in revenue this year. Last year, Dangote Cement made ₦4.3 trillion. Cardinal Stone is optimistic due to fast infrastructure growth in Congo, Tanzania, and Cameroon where the company operates.

This forecast shows that the company’s half-year revenue average is ₦2.4 trillion, meaning it has already surpassed analysts’ expectations for sales.

During this six-month period, the profit increase was helped by low cost pressures. Finance costs fell more than half to ₦112.1 billion.

The EBITDA margin, an important measure of a company's profitability, was 47.3 percent. This was due to strong operating profit in its Nigerian operations. Last year, the margin was 45.6 percent.

Pre-tax profit grew by over one-third to ₦981.4 billion. Profit after tax increased to ₦638.5 billion, up from ₦520.5 billion.

Total assets also rose by 9.6 percent to ₦6.6 trillion, driven by a significant increase in cash and cash equivalents.

Return on Average Equity was 22.1 percent, down from 23.7 percent a year ago.