Results & Dividends

McNichols Reports 48.84% Growth in PAT, Offers Investors 1 for 10 bonus, 5 Kobo Dividend

By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)- Food processing and packaging company, McNichols Consolidated Plc on Monday reported its profit after tax (PAT) for the period ended December 31, 2015 grew 48.84 percent to N60.33 million from N40.53 million recorded a year earlier. In the same vein, pretax profit of the […]

NEM Insurance Says 2015 Pretax Profit Decline 66.10%

By InvestAdvocate Lagos (INVESTADVOCATE)-Insurer, NEM Insurance Plc on Monday said its 2015 pretax profit for the period ended December 31, 2015 declined 66.10 percent to N598.83 million from N1.766 billion recorded a year ago. Similarly, profit after tax (PAT) of the company dropped 53.21 percent to N713.70 from N1.525 billion […]

UBA Shareholders Applaud Performance, Approve 40 Kobo per Share Final Dividend

April 10, 2016/UBA Shareholders of Africa’s global lender, the United Bank for Africa Plc (UBA) on April 8, 2016 applauded the Bank for its strong financial performance in 2015 despite the difficult operating environment globally.  They also approved the board’s recommendation to pay a final dividend of 40 kobo per […]