Results & Dividends

Dangote Sugar reports solid performance in 1Q23

FSDH Initial Reaction: Dangote Sugar 1Q23 results  Kindly click here to download the report May 2, 2023/FSDH Key Performance Highlights: Dangote Sugar reported a solid set of numbers for 1Q23. The company’s revenue rose 8.2% YoY to N102.2 billion in 1Q23 from N94.4 billion in 1Q22, primarily driven by a […]

Okomu Oil Palm Plc Q1-23: Topline Expansion Supports Profitability

May 2, 2023/Cordros Report The Okomu Oil Palm Plc (OKOMUOIL) published its Q1-23 unaudited results on Friday (April 28) reporting an EPS growth of 7.1% y/y to NGN10.67 (Q1-22: NGN9.96). The growth in EPS was driven by the strong revenue growth (+18.2% y/y) in the period.   OKOMUOIL’s revenue grew […]

BUA Cement’s top-line growth dampened by rising costs in 1Q23

FSDH Initial Reaction: BUA Cement 1Q23 results  Kindly click here to download the report. May 2, 2023/FSDH Research Key Performance Highlights: BUA Cement reported a mixed set of numbers in 1Q23 as its revenue increased 9.7% YoY to N106.4 billion, while net profit declined 19.1% YoY to N26.8 billion in […]