Dangote Sugar's Record Revenue but Faces Profit Challenges
Dangote Sugar reported a record quarterly revenue of ₦213.93 billion for Q1 2025, achieving 32% of its total revenue for FY 2024. While the stock has risen 16.3% Year-to-Date, profitability remains a concern with a pre-tax loss of ₦22.63 billion. In this discussion, Cardinal Stone Investment Associate Kayode Eseyin joins to explore the factors driving this revenue surge, the company's profitability challenges, and the implications for the broader Nigerian FMCG sector. We’ll examine Dangote’s centralised revenue in Lagos, the potential for asset optimisation, the outlook for its share price, and whether the industry is on a recovery path. SUBSCRIBE to our YouTube channel: / newscentraltvafrica for more videos Follow News Central on: Facebook: / newscentralafrica Twitter: / newscentraltv Instagram: / newscentraltv LinkedIn: / feed Threads: https://www.threads.net/@newscentraltv TikTok: / newscentraltv For more content, go to: https://newscentral.africa #NewsCentral #Nigeria #Politics #AfricaFirst #Africa #News #WestAfrica #ECOWAS #Government #Governance

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