FSDH Initial Reaction: Dangote Cement 3Q23 results Kindly click here to download the report. October 30, 2023/FSDH Research Key Performance Highlights: On 26 October 2023, Dangote Cement reported blockbuster 3Q23 results, with total revenues surging 52.7% YoY to N563.8 billion and the net profit vaulting 141.3% YoY to N98.9 billion […]
Results & Dividends
NASCON Allied Industries Plc Q3-23: Steady Topline Expansion Maintained in Q3
October 30, 2023/Cordros Report NASCON Allied Industries Plc (NASCON) published its unaudited Q3-23 financials on Friday (27 October), in which the company reported a standalone EPS of NGN1.96 (Q3-22: NGN0.51), bringing 9M-23 EPS to NGN4.15 (9M-22: NGN1.09). The EPS increase was driven by the sturdy growth in sales (35.3% y/y) […]
FBN Holdings Plc 9M-23: Core and Non-Core Income Supports Profit Expansion
October 30, 2023/Cordros Report FBN Holdings Plc (FBNH) published its 9M-23 unaudited numbers after the close of business on Friday (27 October), which showed that the Holdco recorded a 160.6% y/y increase in earnings per share to NGN6.54 (vs 9M-22: NGN2.51). We attribute the substantial earnings expansion to the increases […]
