LAGOS — Dangote Petroleum Refinery reported revenue of $22.48 billion for the nine months to 30 September 2026, up from $9.2 billion in the same period last year, according to unaudited results released on Tuesday. Net income was $4.73 billion, compared with a loss of $117.2 million a year earlier. EBITDA rose to $5.52 billion, lifting the margin to 24.6 per cent from 6.8 per cent. Cash holdings rose to $6.69 billion from $809.5 million, and the company reported net cash of $650.8 million against net debt of $1.73 billion a year earlier. Managing Director David Bird attributed the results to higher throughput and margins at the 700,000 bpd refinery. The figures were released during the company's ongoing IPO.