Results & Dividends

ETI Reports 58% Growth in 2015 Q1 Pretax Profit

By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-Pan African lender, Ecobank Transnational Incorporated (ETI) said on Thursday its pretax profit for first quarter (Q1) 2015 grew 58 percent to N31 billion from N19.3 billion posted a year earlier. Also, profit after tax (PAT) increased by 64 percent to N24.5 billion from N14.9 […]

Dangote Flour Post N7.04 billion Loss in 2015 H1

By InvestAdvocate Lagos (INVESTADVOCATE)-Dangote Flour Mills Plc, owned by Africa’s richest man Aliko Dangote on Thursday posted a loss of N7.04 billion in the first half (H1) of 2015 ended March 31, 2015 from a negative of N4.74 billion recorded the same period of last year. Similarly, profit after tax […]

Dangote Cement Q1 2015 Pretax Profit Soars 50.6%

By InvestAdvocate Lagos (INVESTADVOCATE)-Cement producer, Dangote Cement Plc said on Thursday its first quarter (Q1) 2015 pretax profit for the period ended March 31, 2015 soared 50.6 percent to N84.36 billion from N56.02 billion recorded a year earlier. Also, profit for the year increased by 64 percent to N82.67 billion […]