October 28, 2024/InvestmentOne Report Remarkable Revenue Growth: In its recently released 9M:2024 unaudited financial report, Dangote Cement Plc posted a 69.06% revenue growth to NGN2.56trn, up from NGN1.51trn in the corresponding period of the previous year. This was mostly driven by price increases with a mix of volume expansion. Group […]
Results & Dividends
STANBIC IBTC 9M 2024: Strong Growth in Interest and Non-Interest Income
October 28, 2024/CSL Research Stanbic’s 9M 2024 unaudited numbers showed a 130.7%y/y increase in Interest Income to N425.8bn driven by an increase in lending activities and improved interest margins. Q/q, Interest Income was up 37.9% in Q3. Net Loans to customers grew 16.2% in 9M 2024 compared with the December […]
Airtel Africa Plc Q2-25: Sustained Currency Pressures Weakens Profitability
October 25, 2024/Cordros Report Airtel Africa Plc (AIRTELAFRI) reported Q2-25 unaudited financials today (25 October), reporting an EPS of USD0.64 (vs EPS of USD3.08 in Q2-24), thus bringing the H1-25 EPS to USD0.82 (vs loss per share of USD1.46 in H1-24). The decline was primarily influenced by the exceptional derivative […]
