Sephaku Holdings ended the first quarter of the financial year 2017 with ZAR840 million compared to ZAR874.3 million recorded same period 2016.
Its gross profit for the period was ZAR356.3 million against ZAR364 million posted in the year before.
The cement company reported an increase in operating profit to ZAR84.7 million in contrast to ZAR84.2 million recorded in the previous year, while total comprehensive income attributable to equity holders of the parent rose to ZAR68.1 million versus ZAR60.4 million posted in 2016. Furthermore, headline earnings per share grew to 33.37 cents per share from 29.84 cents per share recorded in the year before.
Company Information
Sephaku Cement, powered by Dangote Cement is changing the genetic code of cement in South Africa. With the most high tech plants in the country turning its turbines, it has injected fast, strong and confident DNA into an ageing sector. The roots of South Africa’s first new clinker producer since 1934 date back to 2006 when its hugely successful Greenfields project commenced.
Today, as a 36% associate company of Sephaku Holdings, we are immensely proud to stand side by side with Dangote Cement, which is Africa’s fastest growing industrial company.
Sephaku Cement is committed to being the sub-Saharan driver of Dangote Cement’s bold vision to build prosperity in Africa. As a 64%-owned subsidiary of the company, customers gain access to a range of benefits, which are unlocked as a direct result of being part of a truly pan-African manufacturer and distributor of cement, including:
- Proven success through efficient production facilities in strategic locations close to key growth markets.
- The operation of modern plants in exciting growth markets. and
- High-quality products at affordable prices, backed by excellent customer service.
