April 25, 2023/Cordros Report Access Holdings Plc (ACCESSCORP) released its Q1-23 unaudited financials after trading hours on Thursday (20 April), revealing a double-digit EPS growth (+26.4% y/y to NGN2.06 I Q1-22: NGN1.63). The rise in the Holdco’s earnings was supported by the strong growth across its funded (+46.4% y/y) and […]
Results & Dividends
ACCESS BANK – Q1 2023: Decent numbers despite high funding costs
April 25, 2023/CSL Research Access Holding’s Q1 2023 unaudited numbers showed a 46.4% y/y growth in Interest Income driven by growth in both Interest Income on Net Loans and yields on investment securities. Net Loans declined marginally in Q1, down 1.2% in March compared with December 2022. Interest Expense also grew […]
UNILEVER NIGERIA PLC – Q1 2023: Improved top-line amidst curtailed OPEX growth
April 25, 2023/CSL Research Unilever Nigeria’s Q1 2023 showed a 19.7% y/y growth in Revenue to N24.6bn in Q1 2023 from N20.6bn in Q1 2022. The Food segment – Blue Band, Knorr and Royco, recorded strong growth, up 39.1% y/y to N13.3bn in Q1 2023 from N9.6bn in Q1 2022, […]
