Results & Dividends

GTCO – 9M 2023: Strong Growth in Both Interest and Non-Interest Income

October 25, 2023/CSL Research GTCO’s 9M 2023 unaudited numbers showed a 61.1%y/y growth in Interest Income to N374.6bn driven by growth in Interest Income on Net Loans and Investment Securities. Net Loans and advances to Customers was up 17.7% in 9M 2023 relative to December 2022 (inclusive of the impact […]

Unilever Nigeria Plc 9M-2023: Strategic Adaptation and Resilient Growth Amid Volatile Markets

October 25, 2023/United Capital Research Unilever Nigeria Plc maintained strong turnover in nine months (9M) of 2023 (up by 26.0% y/y, from N64.8bn in 9M-2022 to N81.6bn), despite the challenging macro-economic environment that was underpinned by lower purchasing power of consumers. This is because of the unique segmentation of the […]

Guaranty Trust Holding Reports Solid All-Around Performance in 3Q23

FSDH Initial Reaction: Guaranty Trust Holding 3Q23 results Kindly click here to download the report. October 25, 2023/FSDH Research Key Performance Highlights: In 3Q23, Guaranty Trust Holding reported a 42.2% YoY growth in gross earnings to N177.7 billion compared to N125.0 billion in 3Q22. The robust growth in gross earnings […]