July 31, 2024/Cordros Report Nigerian Breweries Plc (NB) published its Q2-24 unaudited financials yesterday (30 July). The results showed a lower loss per share of NGN3.21 (Q2-23: NGN4.44). However, for H1-24, the loss per share increased to NGN8.21 (H1-23: NGN5.70), impacted by ongoing cost pressures and foreign exchange losses. […]
Results & Dividends
Flour Mills of Nigeria Plc Q1-25: Earnings Supported by Solid Revenue Performance
July 31, 2024/Cordros Report FLOURMILL published its Q1-25 unaudited results yesterday (30 July), reporting EPS of NGN1.94 (vs loss per share of NGN2.49 in Q1-24), underpinned by robust revenue performance (+ 67.2% y/y) in the period. Revenue grew by 67.2% y/y in Q1-25, driven by substantial growth across the Food […]
MTN Nigeria H1 2024: FX Losses amidst Cost Pressures Drag Bottom-Line
July 31, 2024/CSL Research In its recently released unaudited H1 2024 results, MTN Nigeria sustained its Revenue growth momentum, reporting a 32.8% y/y growth in Revenue to N1.54tn from N1.16tn in H1 2023. On a q/q basis, Revenue increased by 4.4% to N786.14bn in Q2 2024 from N752.98bn recorded in […]
