October 30, 2024/CSL Research Okomu Oil Palm Plc (OKOMUOIL) reported a remarkable 71.8% y/y increase in Revenue for the first nine months of 2024 (9M 2024), reaching N103.95 billion, up from N60.65 billion in 9M 2023. However, Revenue was down moderately by 8.2% q/q, dropping to N28.94 billion in Q3 […]
Results & Dividends
FBN Holdings Plc 9M-24: Sturdy Funded and Non-Funded Income Growth Boosts Earnings
October 30, 2024/Cordros Report FBN Holdings Plc (FBNH) published their 9M-24 unaudited numbers yesterday (29 October), recording a 125.1% y/y increase in EPS to NGN14.72 (vs 9M-23: NGN6.54). We attribute the substantial earnings expansion to the increases across the group’s core (+164.6% y/y) and non-core (+82.4% y/y) income lines. FBNH […]
GTCO 9M 2024: On Track to a Stellar FY Performance Despite Q3 Slow Down
October 30, 2024/CSL Research GTCO’s 9M 2024 unaudited numbers showed a strong 161.7%y/y growth in Interest Income to N980.4bn driven by growth in both average volume of earning assets and average yield. Q/q (Q2 2024 compared with Q1 2024) Interest Income was also up 7.8%. Net Loans and advances to […]
