WorldStage Newsonline– Dangote Sugar Refinery Plc has released its annual report and financial statements for the year ended December 31, 2021 with 25.94% drop in group profit for the year to N22.052 billion from N29.775 billion in 2020.
Group gross profit for the year also declined to N50.209 billion from N57.221 billion in 2020
Meanwhile, the Directors have recommended the payment of a dividend of N1.00 per share from the profit for the year ended 31st December, 2021 on the issued share capital of 12,146,878,241 ordinary shares of 50k each.
