Dangote cement Plc has emerged as the overall winner of the prestigious Securities and Exchange Commission (SEC) endorsed Nigerian stock market Pearl Awards held last Sunday in Lagos.
Leading other brands, Dangote Cement was adjudged by the board of governors of the Pearl Award Nigeria as the winner in the Industrial goods Sectorial Leadership award and Building Materials category.
The Dangote brand was also declared as the winner of the Highest Profit Margin Ratio Award in the Market Excellence category for companies quoted on the stock market even as it won the award as the company with the highest dividend growth in the capital market.
The winning streak was capped with the Overall Highest Award, having been nominated in almost all the categories and winning more than any other brand.
President of the Pearl Award Board of Governors, Tayo Orekoya, lauded the management of Dangote Cement for awards won and enjoined the company to keep its flag flying.
“We are very proud to be associated with Dangote Cement and with Dangote Group generally. For the second year running, Dangote Cement is winning the Pearl overall award, emerging as the PEARL of the Nigerian Stock Exchange. This is indeed a thing of joy and we are very proud of it. We wish the management well and congratulate the shareholders of the company for being part of the most profitable company on the floor of the exchange.”
He pointed out that the emergence of Dangote Cement Plc as the winner in the three categories was a great feat, and was in recognition of the company’s outstanding operational and stock market performance in the 2012 year of assessment.
“The criteria for the awards, based on verifiable facts and figures are included in the accompanying Brochure,” the organizers said.
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