Results & Dividends

GlaxoSmithKline 2015 Q1 Profit Dip 52.1%

By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)- Drugmaker, GlaxoSmithKline Consumer Nigeria Plc said on Thursday its first quarter profit after tax (PAT) dipped 52.1 percent to N295 million from N615 million recorded the same period of last year. Also, profit before tax (PBT) declined 52.7 percent to N422 million from N892 […]

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 […]