October 31, 2024/InvestmentOne Report Surge in Gross Earnings: Zenith bank’s 9M’2024 results disclosed that the tier-one bank recorded an EPS of NGN26.34 in the review period, compared to NGN13.82 in the corresponding period in 2023. This reflects the bank’s substantial performance with respect to earnings growth. We highlight that gross […]
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 […]
