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 […]

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 […]

October 24, 2023/Cordros Report Guaranty Trust Holding Company Plc (GTCO) published its 9M-23 unaudited results today (24 October), reporting a 185.3% y/y increase in EPS to NGN12.98 (9M-22: NGN4.55), supported by the sturdy growth across the group’s core (+61.1% y/y) and non-core (+231.1% y/y) income lines. In 9M-23, GTCO reported […]