FSDH Initial Reaction: Nestle Nigeria 2Q23 results Kindly click here to download the report August 1, 2023/FSDH Key Performance Highlights: Nestle Nigeria reported strong revenue growth of 19.2% YoY to N133.8 billion in 2Q23. The revenue growth was primarily driven by a 28.3% YoY growth in the Food segment to […]
Results & Dividends
Okomu Oil Reports Subdued 2Q23, after Strong FY22 and 1Q23 Results
FSDH Initial Reaction: Okomu Oil 2Q23 results Kindly click here to download the report August 1, 2023/FSDH Key Performance Highlights: Okomu Oil’s revenue fell 19.1% YoY to N16.4 billion in 2Q23 compared to N20.3 billion in 2Q22. The revenue drop was primarily driven by a 19.6% YoY fall in local […]
MTN NIGERIA H1 2023: Increased Finance Costs Drag PBT
August 1, 2023/CSL Research MTN Nigeria’s H1 2023 UNAUDITED results released last week, showed the company sustained the momentum in its Revenue growth, reporting a 22% y/y growth in Revenue to N1.1tn from N950bn in H1 2022. On a q/q basis, Total Revenue increased by 4% to N590.6bn in Q2 […]
