Dangote Cement profit hits N975bn, swings to net cash

Nigeria’s Dangote Cement reported N974.8 billion in profit after tax for the first nine months of 2026, a 31.2 per cent increase. Higher sales, stronger margins and greater production supported the gains, while the company also moved into a net cash position. The results signal stronger financial performance for an African manufacturer supplying a key material for construction and infrastructure.

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