Results & Dividends

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 […]

Access Holdings Plc 9M-24: Broad-based Growth Across Income Lines Supports Profitability

October 31, 2024/Cordros Report Access Holdings Plc (ACCESSCORP) published their 9M-24 unaudited financial statements at the close of business yesterday (30 October), reporting a 79.2% y/y increase in EPS to NGN12.40 (9M-23: NGN6.92). The expansion in earnings was driven by gains across the group’s funded (+128.7% y/y) and non-funded income […]

BUA Cement Plc : Foreign Exchange Losses Slow Earnings Growth

October 2024/InvestmentOne Report Impressive Topline Growth: BUA Cement Plc recently released its unaudited result for 9M:2024, revealing a 73.70% YoY growth in revenue to NGN583.41bn. The strong revenue growth was primarily driven by a hike in cement price in line with industry trend during the period. Largely owing to the […]