Dangote Petroleum Refinery and Petrochemicals has reported a strong financial turnaround for the nine months ended September 30, 2026, recording a net profit of $4.73 billion, a significant recovery from the $117.2 million loss reported in the same period last year. Revenue surged by 144.47% year-on-year to $22.48 billion, while EBITDA climbed to $5.52 billion from $627.6 million. The firm successfully transitioned to a net cash position of $650.8 million, bolstered by improved refining throughput and operational efficiency. Management indicated these results provide a strong foundation for the company’s upcoming IPO and ongoing Vision 2030 growth strategy.