Dangote Sugar Refinery Plc announced earnings results for the fourth quarter ended December 31, 2019. For the fourth quarter, the company announced sales was NGN 43,660.975 million compared to NGN 33,617.548 million a year ago. Operating income was NGN 7,026.931 million compared to NGN 8,397.686 million a year ago. Net income was NGN 7,602.701 million compared to NGN 5,285.956 million a year ago. Basic earnings per share was NGN 0.63 compared to NGN 0.44 a year ago. For the full year, sales was NGN 161,085.778 million compared to NGN 150,373.083 million a year ago. Operating income was NGN 29,930.093 million compared to NGN 32,684.323 million a year ago. Net income was NGN 22,448.354 million compared to NGN 22,169.193 million a year ago. Basic earnings per share was NGN 1.87 compared to NGN 1.85 a year ago.