FSDH Initial Reaction: Flour Mills FY24 results Kindly click here to download the report. June 5, 2024/FSDH Research Key Performance Highlights: Flour Mills recorded an impressive 48.8% YoY increase in revenue to N2291.6 billion in FY24, driven by robust growth across most segments via continuous product innovation and improved capacity […]
Results & Dividends
Highlights of Sterling Financial Holdings Company Plc Earnings Report
June 4, 2024/Futureview Research Sterling Bank Plc, in its FY’2023 financial report released on May 28, 2024, maintained its position as a leading financial institution, boasting total assets reaching N2.53 trillion. The company experienced a moderate 27% increase in Gross earnings during the review period, with net interest income rising […]
Flour Mills of Nigeria Plc 2024FY: Huge FX Loss Weaken Earnings Momentum
June 3, 2024/Cordros Report Flour Mills of Nigeria Plc (FLOURMILL) released its 2024FY audited results yesterday (June 2nd), reporting a 99.2% y/y decline in PAT, with accompanying EPS of NGN0.06 (2023FY: NGN7.25). The decline in earnings is attributed to the surge in FX losses (+336.6% y/y to NGN137.46 billion) in […]

