Image Credit: Futureview Research February 6, 2024/Futureview Research Highlights of FMN Earnings Report: Flour Mills of Nigeria Plc’s 9 Months Financial Results, released on January 26, 2024, disclosed a noteworthy 123% surge in Gross Profit, totaling N230.65 billion, despite prevailing macroeconomic challenges. This uptick in revenue was propelled by substantial […]

February 1, 2024/CSL Research Airtel Africa’s 9M 2024 financials showed a decline in Revenue by 1.4% to US$3.86bn from US$3.91bn in 9M 2023. On a q/q basis, Total Revenue declined by 0.6% to US$1.24bn in Q3 2024 from US$1.25bn in Q2 2024. The company attributed the decline in Revenue to […]

February 1, 2024/Cordros Report FBN Holdings Plc (FBNH) released its unaudited results for 2023FY today, revealing a remarkable 128.3% y/y surge in EPS (2023FY: NGN8.56 vs 2022FY: NGN3.75). The substantial increase in the Holdco’s earnings is attributable to a significant 10.8x growth in net gains from investment securities, further supported by […]