May 2, 2024/Cordros Report International Breweries Plc (INTBREW) published its Q1-24 unaudited results after the close of business on Tuesday (30 April), reporting a higher loss per share of NGN2.25 in Q1-24 (vs. loss per share of NGN0.09 in Q1-23), driven by a substantial FX loss of NGN92.44 billion (Q1-23: […]
Results & Dividends
Access Bank Plc Q1’24: Operating Performance Still Strong
May 2, 2024/CSL Research Access Holding’s Q1 2024 unaudited numbers showed a 183.1% y/y growth in Interest Income driven by growth in both Interest Income on Net Loans and yields on investment securities due to a higher yield environment and growth in earnings assets. Net Loans grew 19.7% in Q1 […]
Dangote Sugar Refinery Plc Q1-24: Weaker Margins and FX Losses Undermine Profitability
May 2, 2024/Cordros Report Dangote Sugar Refinery Plc (DANGSUGAR) released its Q1-24 unaudited financials after market close on Tuesday (30 April), reporting a loss per share of NGN5.68 (vs EPS of NGN1.05 in Q1-23) due to the combined impact of a 22.5x y/y increase in net exchange losses to NGN102.98 […]
