Dangote Sugar Refinery PLC traded at 78.30 this Tuesday May 26th, decreasing 8.70 or 10.00 percent since the previous trading session. Looking back, over the last four weeks, Dangote Sugar Refinery PLC lost 8.00 percent. Over the last 12 months, its price rose by 106.05 percent. Looking ahead, we forecast Dangote Sugar Refinery PLC to be priced at 85.03 by the end of this quarter and at 79.37 in one year, according to Trading Economics global macro models projections and analysts expectations.
Dangote Sugar Refinery Plc is a Nigeria-based company, which is engaged in refining raw sugar into edible sugar and sells refined sugar. The Company's products include Vitamin A-fortified sugar and Unfortified industrial sugar. The Company's Vitamin A fortified sugar is a fine white granulated sugar, which is the all-purpose white sugar that is ideal for table use, baking and sweetening of beverages. The Company's unfortified sugar is a specially processed sugar grade used by pharmaceuticals, food and beverage manufacturing companies. The Company produces and packages Vitamin A fortified refined white sugar in approximately one kilogram, approximately 500 grams, approximately 250 grams and over 50 kilograms bags for direct consumption under the brand name Dangote Sugar, as well as the unfortified white sugar for industrial use.