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 […]
Results & Dividends
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) […]
Nestle Nigeria Plc Q2-23: Sturdy Operating Performance; FX Loss Drags Overall Earnings
July 31, 2023/Cordros Report NESTLE published its Q2-23 unaudited results on Friday (28 July), revealing a standalone loss per share of NGN74.04 (vs EPS of NGN12.33 in Q2-23). As a result, the H1-23 loss per share amounted to NGN63.06 (vs EPS of NGN35.01 in H1-22). The decline in earnings is attributed […]
