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Finance Charges Drive Dangote Sugar To ₦41.5bn Profit
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THEWILL NEWS MEDIA
Dangote Sugar swung from a ₦24.27bn loss to ₦41.51bn profit in H1 2026.
Dangote Sugar spent ₦50.42 billion on finance charges during the six months, down 22.4 percent from ₦64.97 billion a year earlier.
Profit before tax consequently moved into positive territory at ₦44.09 billion, against a ₦22.11 billion loss a year earlier.
READ ALSO: Dangote Sugar Posts N14.22bn PBT In 9 MonthsQ2 Shows The Turnaround Gaining MomentumThe second quarter reinforced the improvement.
Dangote Sugar recorded ₦22.36 billion profit after tax in the three months to June, compared with a ₦626 million loss in the same period of 2025.