The subsidiary company that cultivates sugarcane for the group and is responsible for the milling process, is Savannah Sugar Company Limited.
Today, Dangote Sugar Refinery Plc’s portfolio of products and services are diversified in more sectors of the consumer goods value chain and include the following: Vitamin A-fortified sugar and Unfortified industrial sugar. The Vitamin A fortified sugar is a fine white granulated sugar, the all-purpose white sugar ideal for table use, baking and sweetening of beverages. The unfortified sugar is a specially processed sugar used by pharmaceuticals, food and beverage manufacturing companies.
The history of Dangote Sugar Refinery Plc goes back to 1970 with its entry into the sugar business through the import and sale of sugar by its parent company, Dangote Industries Limited. Dangote Sugar Refineries Plc was incorporated in 2005 and listed in 2007.
Dangote Sugar Refinery Plc has its head offices at GDNL Building Terminal E, Shed 20, NPA Wharf Port Complex, Apapa, Lagos.
The current Acting Managing Director of Dangote Sugar Refinery Plc is Ravindra Singh Singhvi, assisted by Aliko Dangote as Non-Executive Chairman.
Dangote Sugar Refinery Plc's equity stocks are for sale online on the Nigerian Stock Exchange (NGX) under the stock symbol DANGSUGAR.
Dangote Sugar Refinery Plc forms part of the Consumer Goods Sector and Sub Sector: Food Products of the Nigerian Stock Exchange (NGX). It appears on the Nigeria 30 Index, Nigeria All-Share Index, Nigeria Consumer Goods Index, Nigeria Lotus Islamic Index and Nigeria Pension Index.
How to buy Dangote Sugar Refinery Plc stocks – Step by Step
The stock market is one of the most attractive financial markets that sees millions of retail investors and traders participating daily. To buy, sell or trade Dangote Sugar Refinery Plc stocks on the Nigerian Stock Exchange (NGX), traders and investors can follow a few simple steps:
- Find the share that you want to buy, in this case, “DANGSUGAR”.
- Select a forex broker that offers access to the Nigerian Stock Exchange (NGX).
- Review the broker's trading conditions, fees, deposit and withdrawal methods, trading platform, customer support, regulation, and other components to ensure that they are aligned with your trading plan.
- Open a live trading account with the broker by completing the online application form and providing the necessary documentation to verify the trading account.
- Once your account has been activated, you are ready to make your first share purchase through the broker.
- From here you can start to build and diversify your portfolio by buying more shares.
Dangote Sugar Refinery Plc Stock Performance
The current price for Dangote Sugar Refinery Plc stocks on the Nigerian Stock Exchange (NGX) has been swinging rather dramatically, with 52 week lows of 18.10 set against the high of 89.50 Nigerian Naira (NGN). The trend has been long term positive, despite some recent pullbacks in price,
An analysis of financial data of Dangote Sugar Refinery Plc showed that the company has a total market capitalisation of 211 Billion NGN, with a Price/Earning ratio of 5.69 and earnings per share of 3.06 NGN.
With an increase of earnings per share and reliable profits over a period, investors who want to buy or sell Dangote Sugar Refinery Plc stocks can look forward to more profitable dividends and earnings in times to come.
According to an analysis on the live chart of Dangote Sugar Refinery Plc, analysts forecast further improved performance for the consumer goods sector with market share growing as trading volumes increase.How to buy Dangote Sugar Refinery Plc stocks – Step by Step
The stock market is one of the most attractive financial markets that sees millions of retail investors and traders participating daily. To buy, sell or trade Dangote Sugar Refinery Plc stocks on the Nigerian Stock Exchange (NGX), traders and investors can follow a few simple steps:
- Find the share that you want to buy, in this case, “DANGSUGAR”.
- Select a forex broker that offers access to the Nigerian Stock Exchange (NGX).
- Review the broker's trading conditions, fees, deposit and withdrawal methods, trading platform, customer support, regulation, and other components to ensure that they are aligned with your trading plan.
- Open a live trading account with the broker by completing the online application form and providing the necessary documentation to verify the trading account.
- Once your account has been activated, you are ready to make your first share purchase through the broker.
- From here you can start to build and diversify your portfolio by buying more shares.
