Dangote Refinery reports US$4.73 billion 9-month profit
Unaudited results for the 9 months to September 30, 2026 show revenue of US$22.48 billion and EBITDA of US$5.52 billion.
- Publish date: 2026-10-13
- Category: Oil & Gas
- Original source: Nairametrics
- Reading time: 1 min read
Dangote Petroleum Refinery and Petrochemicals FZE reported unaudited net profit of US$4.73 billion for the 9 months ended September 30, 2026, compared with a US$117.2 million net loss in the same 2025 period. Revenue rose 144.47% year on year to US$22.48 billion from US$9.19 billion; EBITDA was US$5.52 billion versus US$627.6 million, and the EBITDA margin was 24.56% versus 6.83%.
The company reported operating cash flow of US$3.68 billion and cash of US$6.69 billion. Its reported position shifted from net debt of US$1.73 billion in September 2025 to net cash of US$650.8 million in September 2026. It attributed growth to higher refining throughput and improved operations; the unaudited figures cover 9 months, not the full year.