Results & Dividends

Zenith Bank Plc 9M 2024: Strong growth in Interest & Fee Income Amidst Cost Pressures & High Impairment Charge

October 31, 2024/CSL Research Zenith Bank’s 9M 2024 unaudited numbers showed a strong 190.2% y/y growth in Interest Income driven by growth in Interest Income on both Net Loans and Investment Securities. Net Loans to Customers grew 62.7% y/y but was up 43.4% in 9M 2024 compared with the December […]

Dangote Sugar Refinery Plc 9M 2024: Expanding Bottom-Line Loss Due to Currency Devaluation Impact

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 […]

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 […]