FSDH Initial Reaction: Seplat 2Q23 results Kindly click here to download the report. July 28, 2023/FSDH Key Performance Highlights: Seplat Energy reported muted top-line growth in 2Q23, with revenues growing a mere 6.5% YoY, after a blockbuster 37.6% growth in FY22 and a 51.1% spurt in 1Q23. The net profit […]
Results & Dividends
NASCON Allied Industries Plc Q2-23: Sturdy Revenue Growth Continues to Support Profitability
July 28, 2023/Cordros Report NASCON Allied Industries Plc (NASCON) published its unaudited Q2-23 financials this afternoon, reporting a standalone EPS of NGN1.57 (Q2-22: NGN0.50), bringing H1-23 EPS to NGN2.20 (H1-22: NGN0.58). The EPS increase was driven by the sturdy growth in sales (48.0% y/y) recorded in the reporting period. Revenue […]
Nigerian Breweries Plc Q2-23: Higher Net finance costs triggers Q2-23 Loss
July 28, 2023/Cordros Report Nigerian Breweries Plc (NB) published its Q2-23 unaudited financials on 27 July. The results showed a loss per share of NGN4.44 compared to the earnings per share of NGN0.64 in Q2-22. Consequently, the H1-23 loss per share amounted to NGN5.73 (vs EPS of NGN2.32 in H1-22). The slump in earnings […]
