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Dangote Sugar Refinery PLC
GDNL Administrative Building,Terminal E,
Shed 20 NPA Apapa Wharf Complex
Phone: +234 14545329p:+234 14545329 APAPA, Nigeria Ticker: DANGSUGARDANGSUGAR
Business Summary
Dangote Sugar Refinery Plc is engaged in the refining of raw sugar into edible sugar and the selling of refined sugar. The Company’s products are sold through distributors across the country. It sells unfortified sugar mainly to pharmaceutical, food and beverage manufacturers, while Vitamin A-fortified sugar is sold to distributors who sell to small wholesalers, confectioners and other smaller value-adding enterprises who provide the distribution network for the Nigerian retail market. It sells a small amount of sugar directly to retail customers. Retail packaging comes in various sizes of 250 gram (g), 500g, and 1 kilogram (kg) under the brand name Dangote Sugar. Dangote Sugar owns and operates sugar refineries in sub-Saharan African located at Apapa Lagos, and three sugar agricultural estates located in Numan Adamawa State, Tunga Nasarawa State, and Lau/Tau in Taraba State.

Scores and Ratings
FRISK®
Score		 Z''
Score		 PAYCE®
Score		 DBT
Index		 Moody's
Rating		 Fitch
Rating		 DBRS
Rating
YesYes--Yes--

Financials, News and Filings
Latest
Statement		 Last
Audit
News		 SEC
Filings		 Bankruptcy
Filings		 Suit &
Judgment
Filings		 Tax
Lien
Filings
9/30/202412/31/2023Yes----

Industries
SIC Code Description
2061 Cane sugar, except refining
4226 Special warehousing and storage, not elsewhere classified
5149 Groceries and related products, not elsewhere classified

Officers and Directors

Title
Name
Age		 Title
Date		 Start
Date
Chairman of the Board AlikoDangote 65 1/1/2018 1/1/2018
Chief Executive Officer, Group Managing Director, Director Ravindra S.Singhvi 59 1/1/2020 1/1/2018
Group Chief Financial Officer OscarMbeche 3/1/2022 3/1/2022
12 additional Officers and Directors records available in full report.

Business Names
Business Name
DANGSUGA
DANGSUGAR

General Information
Number of Employees: 2,980 (As of 9/30/2024)
Outstanding Shares: 12,146,878,239 (As of 9/30/2024)
Shareholders: 103,243
Stock Exchange: NIG


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Wednesday, November 20, 2024