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Dangote Sugar turnover increased by six billion naira

Dangote sugar

Dangote Sugar Refinery Plc has recorded profit of N6bn dividend for the year 2015.

2015 was a very challenging year for Nigerians who have less purchasing power due to the economic recess over the last 4 years.  

The N6bn recommended by the Board of Director represented 48 per cent of the Profit after tax.

“This translates to a Dividend of 50 kobo per share for every ordinary share each held in the company. The board will continue on this prudent course of action in view of our investment requirement for the backward integration project and building of a sustainable financial future for the company,” Dangote said.

The shareholders commended the company and approved the dividend.


This post first appeared on Naija Sniffer: News Gossip Monger, please read the originial post: here

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Dangote Sugar turnover increased by six billion naira

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