April 30, 2024/CSL Research NASCON Allied Industries Plc (NASCON) published its Q1-24 unaudited financials earlier today, in which the company reported a 25.0% y/y decline in EPS to NGN0.47 (Q1-23: NGN0.62), following a net FX loss of NGN3.06 billion. Revenue rose by 39.7% y/y in Q1-24. We think the topline […]
Results & Dividends
UACN Plc Q1’24: Significant FX Gains Boost Bottom-Line
April 30, 2024/CSL Research In its 2024 unaudited financial results, UAC of Nigeria Plc’s (UACN) Revenue increased to N40.56bn (+64.7% y/y) from N24.60bn in Q1 2023. On a q/q basis, the Revenue was up by 4.0% from N39.00bn in Q4 2023. The uptick in the company’s Revenue was largely buoyed […]
Seplat Energy Declares US 3 Cents Dividend Per Share for Q1 2024
April 29, 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 three months ended 31 March 2024, declaring US 3 Cents dividend per share for the period. For the […]
