July 31, 2023/Cordros Report Dangote Cement Plc (DANGCEM) released its Q2-23 unaudited financials on Friday (28 July), reporting a modest standalone EPS growth of 0.7% y/y to NGN3.95 (Q2-22: NGN3.92), bringing the H1-23 EPS to NGN10.39 (H1-22: NGN10.10). The EPS growth was inhibited by the surge in net finance cost […]

July 31, 2023/Cordros Report Lafarge Africa Plc (LAFARGE) released its Q2-23 unaudited financials over the weekend, reporting a standalone EPS growth of 3.2% y/y to NGN1.27 in Q2-23 (Q2-22: NGN1.23), bringing the H1-23 EPS to NGN2.20 (H1-22: NGN2.23). The muted growth in EPS was undermined by the increased tax expense […]

FSDH Initial Reaction: BUA Cement 2Q23 results  Kindly click here to download the report. July 31, 2023/FSDH Key Performance Highlights: BUA Cement reported robust numbers in 2Q23 as its revenue increased 25.3% YoY to N114.7 billion, while net profit vaulted 30.5% YoY to N36.8 billion in 2Q23. Moreover, the cost […]