Culled—-Proshare July 25, 2016/Vetiva Research FY’16 revenue ahead of Vetiva estimate N23.7 billion exceptional income boosts EPS 70% y/y Board proposes dividend of N1.00 per share (FY’2015: N2.10) Downward revision to FY’17 EPS TP revised lower to N23.41 (Prev: N43.93) on challenging outlook Revenue growth ahead of Vetiva estimate Despite […]
Results & Dividends
Flour Mills Reports N14.4 Billion Group PAT in 2016 End, Offers 100 Kobo per Share Dividend
By InvestAdvocate Lagos (INVESTADVOCATE)-Flour Mills of Nigeria Plc on Thursday reported a group profit after tax (PAT) of N14.4 billion for the period ended March 31, 2016 compared to N8.47 billion recorded a year ago. Similarly, profit before tax (PBT) of the consumer goods firm grew to N11.49 billion from […]
Wema Bank Says H1’16 PAT up 10.6% to N1.10 Billion
By InvestAdvocate Lagos (INVESTADVOCATE)-Nigeria’s mid-tier lender, Wema Bank Plc said on Wednesday its profit after tax (PAT) for the half-year (H1) period ended June 30, 2016 climbed up 10.6 percent to N1.10 billion from N997.32 million a year ago. Similarly, profit before tax (PBT) of the bank increased 10.7 percent […]
