Categories: BusinessLatest Videos

How Dangote Sugar’s 2020 Revenue Jumped 33% To $522m In a Pandemic Year

Temitayo Peters, Analyst at ARM Securities, spoke to the Global Business Report about Dangote Sugar’s 2020 earnings.

He reviewed the revenue drivers behind the company’s 33% rise in 2020, he spoke about the cost environment and price increase in raw materials, and the impact of FX devaluation and Inflation.

He also talked about the operational outlook for the company in 2021 and made a buy/sell/hold call on the stock.

Be sure to watch this informative video and share your thoughts!

[bc_video video_id=”6236877221001″ account_id=”6116119081001″ player_id=”CJdhmO46zo” embed=”in-page” padding_top=”56%” autoplay=”” min_width=”0px” playsinline=”” picture_in_picture=”” max_width=”640px” mute=”” width=”100%” height=”100%” ]

Follow us on:

AriseNews

Recent Posts

Biden Calls ICC’s Arrest Warrants For Netanyahu, Gallant ‘Outrageous’

Biden has condemned ICC's arrest warrants for Netanyahu and Gallant, calling them "outrageous" amid global…

3 mins ago

Chukwuma Ezeala: Simon Ekpa’s Arrest Won’t Guarantee Peace In Southeast, Government Must Identify His Disciples

Chukwuma Ezeala has said that despite Simon Ekpa’s arrest, identifying his disciples in Southeast Nigeria…

5 mins ago

Federal Government Reinstates Ikechebelu as Acting Vice-Chancellor of UNIZIK

The federal government has reinstated Professor Joseph Ikechebelu as acting Vice-Chancellor of UNIZIK, nullifying Professor…

2 hours ago

Court Of Appeal Nullifies Judgment Blocking Voter Register Release For Rivers LG Polls

Court of Appeal has overturned the Federal High Court ruling barring INEC from releasing voter…

2 hours ago

Kenya Cancels Adani Contracts as US Prosecutors Charge Tycoon with Fraud

Kenya has cancelled airport and energy deals with Adani following US bribery and fraud charges…

3 hours ago

Brazil’s Former President Bolsonaro, 36 Others Indicted Over Alleged Coup Attempt In Brazil

Brazil’s former president Bolsonaro and 36 others have been indicted for allegedly attempting a coup…

3 hours ago