January 31, 2024/CSL Research Presco Plc (PRESCO) in its unaudited FY 2023 results reported a 27.3% y/y growth in Revenue to N103.14bn from N81.03bn (FY 2022). However, on a q/q basis, Revenue was down 8.8% to N26.3bn (Q4 2023) from N28.8bn (Q3 2023). This may be due to a decline […]
Results & Dividends
UACN Plc FY 2023: Operational Efficiencies & Gains from PPE Sales Boost Y/Y Profit Growth
January 31, 2024/CSL Research In its unaudited FY 2023 earnings results, UAC of Nigeria Plc’s (UACN) Revenue was up 8.6% y/y to N118.68bn from N109.27bn in FY 2022. The Paints, Packaged Foods & Beverages, and the Quick Service Restaurants (QSR) segments reported the highest growths in sales to the tune […]
TotalEnergies Q4-23: Earnings Undermined by Elevated Cost Pressures and FX Losses
January 30, 2024/Cordros Report TotalEnergies Marketing Nigeria Plc (TOTAL) published its Q4-23 unaudited financials yesterday (January 29), reporting a 41.6% y/y decline in standalone EPS to NGN6.22 in Q4-23 (Q4-22: NGN10.64) undermined mainly by an uptick in net finance cost (+139.6% y/y) and FX losses (NGN11.50 billion vs FX gains […]
