FSDH Initial Reaction: Cadbury Nigeria 1Q24 results Kindly click here to download the report. May 3, 2024/FSDH Research Key Performance Highlights: Cadbury Nigeria reported a mixed set of numbers in 1Q24. The company recorded revenue of N23.7 billion in 1Q24 from N16.6 billion in 1Q23, a 43.1% YoY spurt. The […]
Results & Dividends
Dangote Sugar reports good revenue growth; rising raw material costs and FX losses play spoilsport
FSDH Initial Reaction: Dangote Sugar 1Q24 results Kindly click here to download the report. May 3, 2024/FSDH Research Key Performance Highlights: Dangote Sugar reported handsome revenue growth of 20.1% YoY to N122.7 billion in 1Q24, powered by an 18.5% YoY rise in the 50kg sugar revenue to N116.9 billion in […]
GTCO Q1-24: Fair Value Gains Underpin Earnings Surge
May 3, 2024/Cordros Report Guaranty Trust Holding Company Plc (GTCO) released its Q1-24 unaudited financial statements this afternoon, reporting a whopping 696.1% y/y rise in EPS to NGN16.24 for the period under review (vs Q1-23: NGN2.04). The impressive growth in the Holdco’s earnings was driven primarily by the fair value […]
