Results & Dividends

BUACEMENT H1 2023: A Resilient Performance

August 1, 2023/CSL Research In its recently released H1 2023 results, BUA Cement reported a 17.2% y/y Revenue growth to N221.07bn in H1 2023 from N188.56bn in the prior period (H1 2022). Similarly, on a q/q basis, Revenue was up by 7.9% to N114.71bn in Q2 2023 from N106.35bn in […]

Dangote Cement H1 2023: Strong Performance

August 1, 2023/CSL Research Dangote Cement reported a double-digit increase in Revenue by 17.7% y/y to N950.8bn in H1 2023 from N808bn in H1 2022 based on its recently released H1 2023 results. On a q/q basis, performance was impressive, as Revenue was up 33.8% q/q to N544.1bn in Q2 […]

MTNN’s Robust Operating Performance Marred by FX Losses in 2Q23

FSDH Initial Reaction: MTN Nigeria 2Q23 results  Kindly click here to download the report. August 1, 2023/FSDH Key Performance Highlights: MTN Nigeria maintained its robust momentum from last year, posting double-digit growth in 2Q23. The Company recorded a 23.3% YoY revenue growth to N590.6 billion in 2Q23. The service revenue […]