Results & Dividends

Seplat Energy Plc: Strong Topline, Bottomline Hit by High Taxes

October 30, 2024/InvestmentOne Report Seplat Energy Plc’s revenue reached NGN1.07trn as at 9M:2024, marking a significant increase from NGN478.13bn in 9M:2023. Adjusting for underlift and overlift volumes, the total revenue reflected a 6.00%YoY growth, illustrating Seplat’s solid performance amid challenging market dynamics. In Q3:2024, quarterly revenue surged to NGN495.85bn from […]

GTCO 9M-24: Solid Core and Non-Core Income Growth Buoys Profitability

October 30, 2024/Cordros Report Guaranty Trust Holding Company Plc (GTCO) published their 9M-24 unaudited results yesterday (29 October), reporting a 196.0% y/y increase in EPS to NGN38.41 (9M-23: NGN12.98), supported by the sturdy growth across the group’s core (+161.7% y/y) and non-core (+95.2% y/y) income lines. In 9M-24, GTCO reported […]

Presco Plc9M 2024; Sturdy 9M Performance

October 30, 2024/CSL Research Presco Plc (PRESCO) reported a strong 67.3% y/y increase in Revenue for the first nine months of 2024, reaching N128.57 billion compared to N76.87 billion in 9M 2023. On a quarterly basis, however, Revenue fell slightly by 10.9%, from N45.48 billion in Q2 to N40.55 billion […]