Results & Dividends

Forte Oil Q1 2015 Profit before Tax Decline 33.6%

By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-Oil marketing firm, Forte Oil Plc said on Thursday its 2015 first quarter (Q1) profit before tax (PBT) declined 33.6 percent to N842.3 million from N1.26 billion recorded the same period of last year. Similarly, profit after tax (PAT) dipped 28.9 percent to N783.1 million […]

Stanbic IBTC Holdco 2015 Q1 Pretax Profit Dip 46.3%

By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-Stanbic IBTC Holding Company said on Thursday its first quarter (Q1) pretax profit dipped 46.3 percent to N4.81 billion from N8.96 billion recorded in the Q1 of 2014. Also profit after tax (PAT) decreased 38.9 percent to N4.21 billion from N6.89 billion recorded the same […]

Union Bank Nigeria 2014 Pretax Profit up 406.1%

By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-  Union Bank of Nigeria Plc (UBN) on Wednesday said its 2014 pretax profit for the twelve month period ended  December 31, 2014 climbed up 406.1 percent to N26.9 billion from N5.32 billion recorded a year earlier. Similarly, profit after tax (PAT) increased 324.2 percent […]