October 31, 2024/CSL Research Dangote Sugar Refinery Plc. (DSR) recently released its 9M 2024 results, reporting a 56.4% y/y Revenue growth to ₦484.43 billion from ₦309.71 billion in 9M 2023. On a quarterly basis, Revenue also advanced by 9.2% q/q, reaching ₦188.80 billion in Q3 2024 compared to ₦172.90 billion […]
Results & Dividends
Zenith Bank Plc 9M-24: Robust Core Performance Boosts Earnings
October 31, 2024/Cordros Report Zenith Bank Plc (ZENITHBANK) released their 9M-24 unaudited financials at the close of business yesterday (30 October), reporting a 90.6% y/y growth in EPS to NGN26.34 (9M-23: NGN13.82), driven by the expansion across the funded (+190.2% y/y) and non-funded (+41.0% y/y) income lines. Interest income advanced […]
NASCON Allied Industries Plc Q3-24: Rising Cost Pressures Weigh on Margins and Earnings
October 31, 2024/Cordros Report NASCON Allied Industries Plc (NASCON) published their unaudited Q3-24 financials today, in which the company reported a standalone EPS of NGN6.09 (Q3-23: NGN7.26), with 9M-24 EPS settling at NGN4.42 (9M-23: NGN5.54). The EPS decline reflects a substantial increase in cost of sales (+114.0% y/y) during the […]
