Dangote Sugar Refinery PLC 2020 Annual Report with Sustainability Disclosures
The report details Dangote Sugar Refinery Plc's financial and operational performance for the year 2020, highlighting a 33% increase in Group turnover to ₦214.3 billion and a 33.2% increase in profit after tax to ₦29.7 billion. The company successfully completed its merger with Savannah Sugar Company Limited to operate under a unified entity, advancing its "Sugar for Nigeria" Backward Integration Project. Despite COVID-19 disruptions, the company achieved a 13.7% increase in sugar production to 743,858 tonnes and a 6.9% increase in sales volume. Additionally, the company was honored with the SERAS 2020 award for Best Company in Poverty Eradication and achieved a 2.5% reduction in water consumption.
Company: Dangote Sugar Refinery PLC
Sector: Manufacturing
Country: Nigeria
Year: 2020
Type: Annual Report with Sustainability Disclosures
Pages: 204
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Dangote Sugar Refinery PLC
Annual Report & Financial Statements
The report details Dangote Sugar Refinery Plc's financial and operational performance for the year 2020, highlighting a 33% increase in Group turnover to ₦214.3 billion and a 33.2% increase in profit after tax to ₦29.7 billion. The company successfully completed its merger with Savannah Sugar Company Limited to operate under a unified entity, advancing its "Sugar for Nigeria" Backward Integration Project. Despite COVID-19 disruptions, the company achieved a 13.7% increase in sugar production to 743,858 tonnes and a 6.9% increase in sales volume. Additionally, the company was honored with the SERAS 2020 award for Best Company in Poverty Eradication and achieved a 2.5% reduction in water consumption.
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Document Details
Report Year
2020
Reporting Period
Jan 1, 2020 - Dec 31, 2020
Fiscal Year
2020
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Women on Board
Employees