Analysts expect Dangote Sugar to maintain gross margin expansion in 2018

by | November 20, 2017 1:30 am

Analysts are optimistic that Dangote Sugar Refinery (DSR) Plc will continue its impressive gross margin expansion through 2018, thanks to foreign exchange stability, favourable raw material price and improved economic activities. Improved gross margins are expected to cover other expenses and hence result in increased profit. Also, an improvement in gas supply to the factory…

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