April 3, 2023/InvestmentOne Report Gross revenue of N853.17billion, down 8.50%q/q, up 29.23%y/y Net interest income of N379.49billion, up 6.17%q/q, 19.82%y/y. Profit before tax of N200.88billion, up 32.47%q/q, 31.23% y/y. Profit after tax of N170.28billion, up 92.26%q/q, 43.48%y/y. At the tail end of last week, United Bank for Africa released […]
Results & Dividends
UBA Plc 2022FY: Strong Non-Core Income Supports Profitability
March 31, 2023/Cordros Report United Bank for Africa Plc (UBA) released its audited full-year results yesterday, reporting a solid earnings growth in 2022FY. Specifically, the bank recorded a 42.8% y/y growth in EPS to NGN4.84 in 2022FY (2021FY: NGN3.39), supported by the stellar growth across the core (+17.5% y/y) and […]
Cadbury Nigeria FY 2022: Increased Finance Income drives PBT growth
March 30, 2023/CSL Research Cadbury Nigeria Plc’s FY 2022 numbers showed a 30.3% y/y growth in Revenue to N55.21bn in 2022 from N42.37bn in FY 2021. The Revenue growth was largely driven by the Beverages (Bournvita and 3-in-1 hot chocolate drink) business segment, which contributed 69.5% to total Revenue and […]
