Results & Dividends

Seplat Energy Grows PBT to N244bn in H1 2024

… Declares US 6 Cents Total Dividend Per Share for H1 2024 July 30, 2024/Seplat Energy Plc Seplat Energy PLC, a leading Nigerian independent energy company listed on both the Nigerian Exchange and the London Stock Exchange, has announces its unaudited results for the for the six months ended 30 June 2024, declaring US 6 Cents […]

NASCON Allied Industries Plc Q2-24: Elevated Cost Pressures Weigh on Margins and Earnings

July 30, 2024/Cordros Report NASCON Allied Industries Plc (NASCON) published its unaudited Q2-24 financials after close of business yesterday (29 July), reporting a standalone EPS of NGN1.36 (Q2-23: NGN1.57), resulting in H1-24 EPS of NGN1.83 (H1-23: NGN2.20). The decline in EPS is attributed to the increase in cost of sales […]

BUA Cement Plc Q2-24: Elevated Costs and FX Issues Undermine Profit Growth

July 30, 2024/Cordros Report BUA Cement Plc (BUACEMENT) released its Q2-24 unaudited financials yesterday (29 July), reporting an EPS decline of 55.8% y/y to NGN0.48 (Q2-23: NGN1.09). This decline is primarily attributed to increased costs (+146.0% y/y) and substantial FX losses during the period. Similarly, H1-24 EPS fell by 46.2% y/y to NGN1.01 (H1-23: […]