October 31, 2023/Cordros Report Lafarge Africa Plc (LAFARGE) published its Q3-23 unaudited financials yesterday (30 October). The result showed that Q3-23 standalone EPS settled lower at NGN0.24/share (-48.9% y/y), moderating 9M-23 EPS to NGN2.44/share (-12.6% y/y). The decline in earnings was driven by higher net finance costs (+918.1% y/y) reflective […]
Results & Dividends
Zenith Bank Plc 9M-23: Sturdy Funded and Non-Funded Income Growth Boosts Earnings
October 31, 2023/Cordros Report Zenith Bank Plc (ZENITHBANK) released its 9M-23 unaudited financial statements after the close of business yesterday (30 October), which showed that the bank delivered a 149.0% y/y rise in EPS for the period under review to NGN13.82 (vs 9M-22: NGN5.55). This impressive growth in the Holdco’s […]
MTNN’s Solid Top-Line Performance Continues to be Hampered by FX Losses in 3Q23
FSDH Initial Reaction: MTN Nigeria 3Q23 results Kindly click here to download the report. October 31, 2023/FSDH Research Key Performance Highlights: On 30 October 2023, MTN Nigeria reported its 3Q23 results, registering double-digit growth of 21.4% YoY to N614.2 billion in 3Q23. The service revenue jumped 20.9% YoY to N610.2 […]
