Author: InvestAdvocate

Dangote Sugar Refinery Plc Q1-25: Elevated Costs Weigh on Margins and Profitability

May 2, 2025/Cordros Report Dangote Sugar Refinery Plc (DANGSUGAR) released their Q1-25 unaudited financials after market close on Wednesday (30 April), reporting a loss per share of NGN1.95 (vs loss per share of NGN5.68 in Q1-24). The narrower loss reflects some moderation in FX-related pressures, though still weighed heavily by […]

UAC of Nigeria Plc Q1 2025: Absence of FX Revaluation Gains Shrinks Bottom-Line Profitability

May 2, 2025/CSL Research Financial Highlights: Revenue: +38.1% y/y to ₦56.00Bn Cost of Sales: +32.7% y/y to ₦41.75Bn OPEX: +34.7% y/y to ₦8.18Bn EBITDA: +82.3% y/y to ₦7.82Bn Operating Profit: +100.8% y/y to ₦6.83Bn Profit before Tax: -44.2% y/y to ₦5.04Bn Stock Rating: BUY, Target Price: ₦46.34/s To read full […]

ZENITHBANK Q1 2025: : Strong Interest Income Growth Supports Bottom Line

May 2, 2025/CSL Research Financial Highlights: Interest Income: +71.5% y/y to N837.64BN Interest Expense: +35.3% y/y to N246.45BN Cost of Risk: -10bps y/y to 1.8% Cost to Income Ratio: +627bps y/y to 41.2% Profit before Tax: +9.6% y/y to N350.82BN Stock Rating: BUY Target Price: N59.69/s To read the full […]