October 30, 2023/CSL Research MTN Nigeria’s 9M 2023 UNAUDITED results, showed the company sustained the momentum in its Revenue growth, reporting a 21.8% y/y growth in Revenue to N1.77tn from N1.46tn in 9M 2022. On a q/q basis, Total Revenue increased by 4% to N614.2bn in Q3 2023 from N590.6bn […]
Results & Dividends
Okomu Oil Plc 9M 2023: Demand Drives Top-Line Performance
October 30, 2023/CSL Research Okomu Oil Palm Plc (OKOMUOIL) in its 9M 2023 results reported a 20.9% y/y growth in Revenue to N60.65bn from N50.18bn (9M 2022). Also, on a q/q basis, Revenue increased, up 22.3% in Q3 2023 to N20.05bn from N16.39bn recorded in Q2 2023. We opine that […]
Guinness Nigeria Plc Q1-2024 Earnings Update
October 30, 2023/United Capital Guinness Nigeria Plc (“the Brewer” or “the company”) recorded a decent top line in its financial period Q1-2024 (July to September 2023) despite the challenging macroeconomic environment, which was further impacted negatively by the policy shifts of the Federal Government (FG). The lower purchasing power of […]

