Results & Dividends

International Breweries Plc Q2-23: Earnings Weakened by Unrealised FX Loss and Higher Net Finance Costs

July 31, 2023/Cordros Report International Breweries Plc (INTBREW) published its Q2-23 unaudited results over the weekend (30 July), reporting a more significant loss per share of NGN0.79 in Q2-23 (vs loss per share of NGN0.01 in Q2-22), bringing the H1-23 loss per share to NGN0.88 (vs EPS of NGN0.01 in H1-22). […]

BUA Cement Plc Q2-23: Topline Growth Supports Profitability Expansion

  July 31, 2023/Cordros Report BUA Cement Plc (BUACEMENT) released its Q2-23 unaudited financials on Friday (28 July), reporting a standalone EPS of NGN1.09 in Q2-23 (Q2-22: NGN0.83), bringing the H1-23 EPS to NGN1.88 (H1-22: NGN1.81). The growth in EPS is attributable to the higher revenue (+25.3% y/y) recorded in […]

Okomu Oil Palm Plc Q2-23: Weak Topline and Cost pressures Drags Earnings

July 31, 2023/Cordros Report The Okomu Oil Palm Plc (OKOMUOIL) published its Q2-23 unaudited results on Friday (28 July), reporting a 17.9% y/y decline in standalone EPS to NGN6.31 (Q2-22: NGN7.69), bringing the H1-23 EPS to NGN16.98 (H1-22: NGN17.65). The negative earnings outturn was influenced by a decline in revenue (-19.1% y/y) […]