August 3, 2023/CSL Research International Breweries’ top-line grew marginally y/y. The H1 2023 unaudited numbers showed Revenue declined by 4.2% y/y to N116.13bn (H1 2023) from N111.41bn (H1 2022). We opine that the weakened consumer purchasing power moderated sales volumes as consumers continued to adjust their expenditure pattern in favour […]
Results & Dividends
UBA Says Board Approves H1 2023 Results, Interim Dividend Payment Subject to CBN Approval
August 2, 2023/NGX The Board of United Bank for Africa Plc at its meeting which held on Monday, July 31, 2023, considered and approved the 2023 Half Year Results & Reports and payment of an interim dividend, subject to the approval of the Central Bank of Nigeria. Further to the […]
DANGSUGAR H1 2023: Net Profit Depressed by Heightened Finance Cost
August 2, 2023/CSL Research Dangote Sugar (Dangsugar)in its H1 2023 results reported a 9.3%y/y growth in Revenue to N202.78bn from N185.46bn in H1 2022. Its topline performance was driven by growth in sales of sugar (50kg), sugar (retails) and molasses to N194.19bn (+8.3% y/y), N5.86bn (+70.8% y/y) and N1.54bn (+7.9%) […]
