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Dangote Sugar Refinery Plc Company Snapshot
Dangote Sugar Refinery Plc. Dangote Sugar Refinery Plc is a Nigeria-based company, which is engaged in refining raw sugar into edible sugar and sells refined sugar. The Company's products include Vitamin A-fortified sugar and Unfortified industrial sugar. The Company's Vitamin A fortified sugar is a fine white granulated sugar, which is the all-purpose white sugar that is ideal for table use, baking and sweetening of beverages. The Company's unfortified sugar is a specially processed sugar grade used by pharmaceuticals, food and beverage manufacturing companies. The Company produces and packages Vitamin A fortified refined white sugar in approximately one kilogram, approximately 500 grams, approximately 250 grams and over 50 kilograms bags for direct consumption under the brand name Dangote Sugar, as well as the unfortified white sugar for industrial use.

Sales Analysis. Dangote Sugar Refinery Plc reported sales of 150.37 billion Naira (US$490.22 million) for the year ending December of 2018. This represents a sharp decrease of 26.4% versus 2017, when the company's sales were 204.42 billion Naira. Contributing to the drop in overall sales was the 27.5% decline in Sugar, from 195.75 billion Naira to 141.86 billion Naira. There were also decreases in sales in Retail Sugar (down 9.8% to 4.22 billion Naira) . However, these declines were partially offset by the increase in sales of Freight Income (up 8.4% to 3.58 billion Naira) and Molasses (up 3.2% to 716.78 million Naira) .
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Dangote Sugar Refinery Plc
  Stock Performance Chart for Dangote Sugar Refinery Plc
  Stock Data: Recent Stock Performance:
  Current Price (10/11/2019): 10.20
(Figures in Naira)
1 Week -3.3%   13 Weeks 6.3%  
4 Weeks -3.8%   52 Weeks -30.6%  
Dangote Sugar Refinery Plc Key Data:
  Ticker: DANGSUGAR Country: Nigeria
  Exchanges: NIG Major Industry: Food, Beverage & Tobacco
    Sub Industry: Cane Sugar Refining
  2018 Sales 150,373,083,000
(Year Ending Jan 2019).
Employees: 2,408
  Currency: Naira Market Cap: 122,400,000,000
  Fiscal Yr Ends: December Shares Outstanding: 12,000,000,000
  Share Type: Ordinary Closely Held Shares: 8,122,446,281
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