May 2, 2023/CSL Research Lafarge Africa reported a 1.3% y/y increase in Revenue to N91.82bn in its recently released Q1 2023 unaudited results from N90.61bn in Q1 2022. On a q/q basis, Revenue decreased by 11.2% to N90.61bn in Q1 2023 from 103.39bn in Q1 2022. The broad-based growth in […]

May 2, 2023/CSL Research GTCO’s Q1 2023 unaudited numbers showed a 47.3%y/y growth in Interest Income to N104.1bn driven by growth in Interest Income on Net Loans and Investment Securities. Net Loans and advances to Customers declined marginally, down 1.5% in Q1 2023 relative to December 2022. The bank has […]

May 2, 2023/InvestmentOne Update Revenue: down 17.64% q/q, up 8.17% y/y Gross profit margin: down 317bps q/q, 85bps y/y PBT margin: up 14bps q/q, down 833bps y/y PAT margin: up 146bps q/q, down 618bps y/y Improvement in Topline Performance Last week, Guinness Nigeria Plc released its 9M 2023 unaudited financial […]