August 2, 2023/CSL Research Nestle Nigeria’s H1 2023 numbers reflected the disruptions in the macroeconomic space. Despite inflationary pressures, the company’s Revenue advanced by 17.7% y/y to N261.77bn (H1 2023) from N222.45bn (H1 2022). This was supported by growth in both Food Products and Beverages segments to N166.27bn and N95.50bn […]
Results & Dividends
Okomu Oil Palm Plc H1 2023: Weak Demand Drags Revenue
August 1, 2023/CSL Research Okomu Oil’s top-line slipped marginally y/y. The H1 2023 unaudited numbers showed that Revenue declined by 0.4% y/y to N40.60bn (H1 2023) from N40.76bn (H1 2022). Also, on a q/q basis, Revenue declined significantly, down 32.3% in Q2 2023 to N16.39bn from N24.21bn recorded in Q1 […]
CWG Achieves Stellar Growth Trajectory Amidst Devaluation Challenges
August 1, 2023/CWG CWG, a leading IT solutions provider in the Middle East and Africa, proudly reports remarkable year-to-date growth figures for June 2023, showcasing its unwavering dedication to excellence and innovation in the technology industry. The Group achieved total revenue of N10.71 billion, representing a 60% increase compared to […]
