FSDH Initial Reaction: Guaranty Trust Holding 2Q23 results Kindly click here to download the report. September 5, 2023/FSDH Key Performance Highlights: In 2Q23, Guaranty Trust Holding reported a massive 329.8% YoY growth in gross earnings to N514.5 billion compared to N119.6 billion in 2Q22. The solid growth in gross earnings […]
Results & Dividends
Positive UBS Results Lay Foundations for Credit Suisse Integration
September 5, 2023/Fitch Ratings UBS’s 2Q23 results, which consolidate one month of Credit Suisse’ results for the first time, are in line with our expectation that the enlarged group’s initial capitalisation and earnings potential will provide sufficient flexibility to absorb restructuring and integration costs, Fitch Ratings says. The Stable Outlook […]
BUACEMENT: Price Expected to Sustain Revenue Growth in H2
September 4, 2023/CSL Research BUA cement’s +17.2% y/y Revenue growth in H1 2023 was primarily driven by an upward price adjustment amidst stable sales volumes. Bua Cement reported increases in prices in H1 2023 with average cement price rising to N67,192/ton in H1 2023 from N56,454/ton in H1 2022 while […]
