Results & Dividends

VFD Group Reports N3.11Bn Post-Tax Profit for H1 2024, Reflects Significant Financial Growth

July 31, 2024/CAMCAN VFD Group Plc, a leading proprietary investment company in Nigeria, is pleased to announce its unaudited financial results for the first half of the year 2024. The Group reported a profit after tax of N3.11 billion, demonstrating strong financial performance and resilience in a challenging economic landscape. […]

FBN Holdings Plc H1-24: Higher Core and Non-Core Income Buoy Earnings Growth

July 31, 2024 Cordros Report FBN Holdings Plc (FBNH) published its H1-24 unaudited numbers yesterday (30 July), recording a 94.7% y/y increase in earnings per share to NGN10.11 (H1-23: NGN5.19). We attribute the substantial earnings expansion to the increases across the group’s funded (+155.4% y/y) and non-funded (+71.1% y/y) income lines. […]

Dangote Sugar Refinery Plc Q2-24: Cost Pressures and Higher Net Finance Costs Impacts Performance

July 31, 2024/Cordros Report Dangote Sugar Refinery Plc (DANGSUGAR) released its Q2-24 unaudited financials yesterday (30 July), reporting a standalone loss per share of NGN6.17 (vs loss per share of NGN3.35 in Q2-23), resulting in a higher loss per share of NGN11.85 for H1-24 (H1-23: NGN2.30). The elevated costs of […]