October 26, 2023/CSL Research Nigerian Breweries’ top-line grew marginally y/y. The 9M 2023 unaudited numbers showed that Revenue grew by 2.1% y/y to N401.69bn (9M 2023) from N393.34bn (9M 2022). Also, on a q/q basis, Revenue was down 19.4% in Q3 2023 to N124.27bn from N154.11bn recorded in Q2 2023. […]
Results & Dividends
Unilever Nigeria Plc: Weak Top-Line Performance in Q3
October 26, 2023/CSL Research Unilever Nigeria (Unilever) reported a 26.0 y/y growth in Revenue to N81.56bn for 9M 2023 from N64.77bn in 9M 2022. Q/q however, Revenue was down 49.5% in Q3 2023 compared with Q2 2023 reflecting persisting inflationary pressures. The company’s Gross Profit Margin came in lower at […]
Transcorp Hotels Delivers Impressive Q3 Financial Performance, Sustaining Growth Momentum With 62% Profit Growth
October 26, 2023/Transcorp Hotels Plc Transcorp Hotels Plc, the hospitality subsidiary of Transcorp Group has announced its financial performance for the third quarter of 2023, showing a strong year-on-year growth on all indices. The leading hospitality brand sustained strong growth, recording 31.76% growth in revenue to N29.9bn from N22.7bn the […]
