Results & Dividends

Nigerian Breweries Says H1 2016 Pretax Profit Drops 36.3% to N10.54 Billion

By InvestAdvocate Lagos (INVESTADVOCATE)-Beer producer, Nigerian Breweries Plc on Wednesday said its pretax profit for the half-year period ended June 30, 2016 declined 36.3 percent to N10.54 billion from N16.55 billion recorded a year ago. Similarly, profit after tax (PAT) dipped 24.3 percent to N8.61 billion from N11.4 billion posted […]

Heritage Bank announces N1.5bn profit for 2015

July 6, 2016/Heritage Bank Ltd Heritage Bank Plc has announced a profit before tax of N1.5 billion for the operating year ended 2015. This was contained in the audited financial statement announced by the bank for 2015, which represents its first full operating year since its acquisition of former Enterprise […]

Oando Declares 49.7 Billion Naira Loss in FY 2015

By InvestAdvocate Lagos (INVESTADVOCATE)-Nigeria’s oil marketing company, Oando Plc on Friday declared a loss of N49.7 billion in its audited report for the period ended December 31, 2015 compared to a loss of N145. 6 billion recorded a year ago. Similarly, the oil marketing firm reported a loss before tax […]