FSDH Initial Reaction: Dangote Sugar FY22 results Kindly click here to download the report. March 3, 2023/FSDH Research Key Performance Highlights: On 2 March 2023, Dangote Sugar reported a solid set of numbers for FY22. The company’s revenue soared 46.1% YoY to N403.2 billion in FY22 from N276.1 billion in […]
Results & Dividends
Nestle Nigeria’s Stellar Performance Dampened by Rising Costs in FY22
March 2, 2023/FSDH Research FSDH Initial Reaction: Nestle Nigeria FY22 results Kindly click here to download the report. Key Performance Highlights: Nestle Nigeria reported strong revenue growth of 27.0% YoY to N446.8 billion in FY22. The revenue growth was primarily driven by a 30.6% YoY growth in the Food segment […]
Dangote Sugar Refinery Plc 2022FY: Sturdy Sales Outturn Drives Surge in Earnings
March 2, 2023/Cordros Report Dangote Sugar Refinery Plc (DANGSUGAR) released its 2022FY audited financials today, reporting EPS of NGN4.51 (2021FY: NGN1.82). The EPS growth was driven by the stellar growth in sales (+46.1% y/y) and a decline in net finance costs (-34.3% y/y) in the period. The achieved revenue was […]
