Results & Dividends

UACN Plc H1 2024: Strong Revenue Growth and FX Gains Drive Profitability

July 31, 2024/CSL Research In its H1 2024 earnings result, UAC of Nigeria Plc’s Revenue was up 57.5% y/y to N83.25bn from N52.87bn in H1 2023. On a q/q basis, Revenue increased by 49.0% to N42.70bn in Q2 2024 from N28.66bn in Q1 2024. This growth in revenue was driven […]

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. […]