By InvestAdvocate Lagos (INVESTADVOCATE)-Insurer, Cornerstone Insurance Plc on Monday said its pretax profit for the period ended December 31, 2015 grew 77.7 percent to N1.84 billion from N1.04 billion posted a year ago. Similarly profit after tax (PAT) increased 72.3 percent to N1.63 billion from N946 million declared the same […]
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 […]
