October 24, 2024/CSL Research Nigerian Breweries’ 9M 2024 financial results revealed a strong 76.9% y/y increase in Revenue, reaching N710.87bn from N401.8bn (9M 2023). Howbeit, on a q/q basis the company’s Revenue shrunk by 10.5% in Q3 2024 to N226.1bn from N252.65bn (Q2 2024). This new revenue milestone in 9M […]
Results & Dividends
UBA Plc Earnings Report: Interest Income Drives Higher PAT
October 22, 2024/InvestmentOne Report Significant Increase in Interest Income: United Bank for Africa (UBA) released its financial statements for the period ended September 2024 which revealed an impressive performance in income from core business. Specifically, interest income rose by 169.99% YoY to NGN1.79trn in 9M’2024 driven by the high yield […]
UBA 9M 2024: Strong Growth in Interest and Fee Income amidst High Opex Growth.
October 22, 2024/CSL Research UBA’s 9M 2024 unaudited numbers showed a strong 170.0% y/y growth in Interest Income to N1,798.9bn driven mainly by growth in Interest Income on Investment Securities and loans. Q/q, Interest Income was up 41.3% in Q3 2024 compared with Q2 2024. Net Loans to customers grew […]
