By InvestAdvocate Lagos (INVESTADVOCATE)-Soap and detergent producer, Unilever Nigeria Plc said on Monday its profit before tax (PBT) for the first-half (H1) period ended June 30, 2016 was N67.9 million compared to a loss of N770.6 million recorded a year ago. Profit after tax (PAT) for the review period was […]
Results & Dividends
Citigroup’s profit falls less than expected; trading helps
July 15, 2016/Reuters By David Henry and Sweta Singh Citigroup Inc (C.N) beat Wall Street expectations on Friday with a smaller-than-expected drop in second-quarter profit as a rebound in trading activity partly offset the effects of persistently low U.S. interest rates. Like its rivals, Citigroup saw a spike in trading […]
Nigerian Breweries Says H1 2016 Pretax Profit Drops 36.3% to N10.54 Billion
By InvestAdvocate Lagos (INVESTADVOCATE)-Beer producer, Nigerian Breweries Plc on Wednesday said its pretax profit for the half-year period ended June 30, 2016 declined 36.3 percent to N10.54 billion from N16.55 billion recorded a year ago. Similarly, profit after tax (PAT) dipped 24.3 percent to N8.61 billion from N11.4 billion posted […]
