Culled—Proshare July 29, 2016/Dangote Sugar Refinery Plc Dangote Sugar Refinery PLC Nigeria’s largest sugar producer, announces unaudited Group results for the six months ended 30 June, 2016. Financial highlights Group revenue increased to ₦70.5billion (2015: N51.1bn) Gross profit increased to ₦13.9billion (2015: N12.7bn) EBITDA increased to ₦13.4billion 2015 (N11.7bn) Profit […]
Results & Dividends
Ecobank Group Says H1 2016 PAT Drops 35% to N31 Billion
By InvestAdvocate Lagos (INVESTADVOCATE)- Pan-African lender, Ecobank Group said on Friday its profit after tax (PAT) for the half-year (H1) period ended June 30, 2016 dropped 35 percent to N3.08 billion from N48.11 billion posted a year earlier. Similarly, profit before tax (PBT) declined 32 percent to N41.55 billion compared […]
Transcorp Reports N12.2 Billion Loss in H1 2016 Due to Naira Devaluation
By InvestAdvocate Lagos (INVESTADVOCATE)-Nigeria’s top conglomerate, Transnational Corporation of Nigeria Plc said on Friday it has posted a loss after tax of N12.2 billion for the half-year (H1) period ended June 30, 2016 compared to N4.3 billion gain a year ago. Similarly, the conglomerate declared a loss before tax of […]
