August 20, 2024/InvestmentOne Report In the recent release of its audited FY 2024 results, Guinness Nigeria Plc reported continued pressure on its bottom line, with a substantial loss of NGN 54.77 bn. This loss was primarily attributed to the ongoing foreign exchange challenges impacting its foreign-denominated intercompany loans. Despite these […]
Results & Dividends
Afreximbank Achieves Solid First Half 2024 Growth Reflecting Sound Execution of its Strategy Amid Macro-Economic Headwinds
Net Interest Income for H1’2024 grew by 24.5% to US$826.2 million, compared to US$663.6 million for the same period last year (H1’2023) August 19, 2024/Afreximbank African Export-Import Bank (“Afreximbank” or the “Group”) has released its consolidated financial statements for the six months ended 30 June 2024. The Group’s results for […]
Dangote Cement Plc Earnings Report: Strong Topline Growth Bolsters Earnings
August 19, 2024/InvestmentOne Report Dangote Cement PLC recently released its unaudited financial report for the first half of 2024, revealing a significant year-on -year (YoY) revenue growth of 85.11%, reaching NGN1.76trn, from NGN950.83bn in the previous year. This impressive growth is attributable to a combination of double-digit growth in Nigeria […]
