By InvestAdvocate Lagos (INVESTADVOCATE)-Oil marketer, Forte Oil Plc on Monday said profit after tax (PAT) for the half-year (H1) period ended June 30, 2016 declined 11.8 percent to N2.23 billion from N2.53 billion recorded a year ago. Pretax profit of the oil marketing company climbed up 30.9 percent to N4.26 […]
Results & Dividends
Skye Bank Plc Reports Q4 2015 Results; Further Deterioration Expected in Q1 and Q2
Culled—Proshare August 1, 2016/FBNQuest Research Event: Skye Bank reported Q4 2015 results Implications: Limited; recent Skye-specific events have overtaken these results Positives: n/a Negatives: Loss before tax of –N53bn (our estimate was –N6.6bn) Late last week Friday, after several months of delays, Skye Bank reported Q4 2015 results which showed […]
Continental Re’s dividend payout hits 12%
August 1, 2016/Punch Nike Popoola Continental Reinsurance Plc’s profit before tax rose by 83.61 per cent to N2.92bn in 2015 from N1.59bn in the 2014 financial period. The Chairman of the company, Mrs. Nadia Fettah-Alaoui, disclosed this during its 29th annual general meeting in Lagos. She said that its gross […]
