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 […]

May 2, 2023/Cordros Report NESTLE published its Q1-23 unaudited results on Friday (28 April), reporting a 9.8% y/y decline in EPS to NGN20.45 (Q1-22: NGN22.68) on higher finance costs (+125.8% y/y).   Revenue advanced by 16.1% y/y in Q1-23, following sturdy growth in NESTLE’s Food (+22.7% y/y | 63.4% of revenue) […]