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Dangote Sugar Refineries Plc (Nigeria)

Main Activities: Sugar Manufacturing
Full name: Dangote Sugar Refineries Plc Profile Updated: March 27, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2023 Available in: English Download a sample report

Dangote Sugar Refinery Plc is subsidiary of Dangote Group. The Dangote Group is a leading and corporate responsible organisation in West Africa with its operational headquarters in the bustling metropolis of Lagos, Nigeria. The Group is one of Nigeria’s foremost-diversified business conglomerates, with a hard- earned reputation for excellent business practices and product quality.Dangote Sugar Refinery Plc is principally engaged in refining raw sugar into edible sugar and sale of refined sugar. The Company produces and packages unfortified and Vitamin A-fortified white sugar for direct consumption under the brand name Dangote Sugar in 50 kilograms bags. It sells unfortified sugar to industrial users, mainly pharmaceutical, food and beverage manufacturers, while the Vitamin A-fortified sugar reaches households through distributors who sell retail to small wholesalers, confectioners and other enterprises. During the year ended December 31, 2007, the Company exported its first consignment of 1,500 metric tons of sugar to Ghana.

Headquarters
3Rd Floor, Gdnl Administrative Building, Terminal E, Shed 20, Npa Wharf Port Complex, Apapa
Lagos; Lagos;

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Website: http://www.dangote.com

Basic Information
Total Employees:
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Outstanding Shares:
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Registered Capital:
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Financial Auditors:
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Incorporation Date:
2005
Key Executives
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Chairman
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Director / Member of the Management Board
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Director / Member of the Management Board
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Director / Member of the Management Board
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Director / Member of the Management Board
Ownership Details
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27.67%
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0.06%
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0.01%
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0.01%
Subsidiaries
Dangote Adamawa Sugar Ltd
Dangote Taraba Sugar Ltd
Nassarawa Suqar Company Limite
Company Performance
Financial values in the chart are available after Dangote Sugar Refineries Plc report is purchased.
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Key Financial Highlights
Annual growth percentages for latest two years in local currency NGN. Absolute financial data is included in the purchased report.
Net sales revenue
9.16%
Total operating revenue
9.26%
Operating profit (EBIT)
-2.92%
EBITDA
-9.35%
Net Profit (Loss) for the Period
N/A
Total assets
22%
Total equity
-53.72%
Operating Profit Margin (ROS)
-2.36%
Net Profit Margin
N/A
Return on Equity (ROE)
N/A
Debt to Equity Ratio
0.22%
Quick Ratio
-0.27%
Cash Ratio
-0.18%

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