Results & Dividends

BUA Cement Plc Q2-24: Higher Costs and FX Losses Undermine Earnings Outlook

August 9, 2024/Cordros Report We update our views on BUACEMENT in this report, after the release of the company’s Q2-24 result. BUACEMENT’s revenue surged by 76.8% y/y in Q2-24, which we believe was supported by a favourable price/volume mix in the year. However, cost pressures and FX losses continued to […]

Dubai Electricity and Water Authority PJSC Announces Record Breaking First Half 2024 Results

August 8, 2024/Aetoswire Dubai Electricity and Water Authority PJSC (ISIN: AED001801011) (Symbol: DEWA), the Emirate of Dubai’s exclusive electricity and water services provider, which is listed on the Dubai Financial Market (DFM), today reported its first half 2024 consolidated financial results, recording revenue of AED 13.7 billion, EBITDA of AED […]

First Bank Nigeria Holdings Plc H1-2023 Earnings Note

August 7, 2024/United Capital Report First Bank Nigeria Holdings (FBNH) Plc released its H1-2024 results, showing that Gross Earnings (GE) grew 2.2x to settle at N1.4tn compared to the N641.0bn in the corresponding period of 2023. The top-line growth was driven by increases in its Interest Income and non-Interest Income, which […]