Results & Dividends

Unity Bank Says 2015 Pretax Profit Down 82.8%

  By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-Nigeria’s mid-tier lender, Unity Bank Plc on Thursday reported its pretax profit for the period ended December 31, 2015 declined 82.8 percent to N2.34 billion from N13.63 billion recorded a year ago. Similarly, profit after tax (PAT) dropped 56.1 percent to N4.68 billion from […]

LafargeHolcim reports Q1 2016 results, says lower prices in Nigeria, India,China Impacts

By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)- World’s building materials and cement producers, LafargeHolcim on Thursday announced its first Quarter (Q1) 2016 report and said the year-on-year comparison was also impacted by lower prices in Nigeria, India and China. Eric Olsen, CEO of LafargeHolcim commented: “In the first quarter, which is […]

International Breweries Says Pretax Profit ’16 up 29.9%, Offers N1.15 Billion Dividend

By InvestAdvocate Lagos (INVESTADVOCATE)-Beermaker, International Breweries Plc said its pretax profit for the year ended March 31, 2016 climbed up 28.9 percent to N3.65 billion from N2.81 billion recorded the previous year. Similarly, profit after tax (PAT) grew 36.6 percent to N2.65 billion from N1.94 billion posted the same period […]