… Gross profit hits N197.2bn, rising by 63% … Declares US15 cents per share full-year dividend February 28, 2023/Seplat Energy Plc Seplat Energy Plc, a leading Nigerian independent energy company listed on both the Nigerian Exchange Limited and the London Stock Exchange, announces its audited results for the full year ended 31 December 2022, recording a […]
Results & Dividends
Nestle Nigeria Plc 2022FY: Solid Revenue Growth Supports Profitability
February 28, 2023/Cordros Report Nestle Nigeria Plc (NESTLE) published its 2022FY audited financials today. The result showed a 22.3% y/y growth in the company’s EPS to NGN61.77 in 2022FY (2021FY: NGN50.51), given the accelerating topline growth (+27.0% y/y). On the 2022FY EPS of NGN61.77 (0.7% below our estimates), the board has […]
BUA Cement reports robust FY22 results, however rising costs play spoilsport
FSDH Initial Reaction: BUA Cement FY22 results Kindly click here to download the report. February 28, 2023/FSDH Research Key Performance Highlights: BUA Cement reported a robust set of numbers in FY22 as its revenue shot up by 40.3% YoY to N361.0 billion, while net profit grew 12.1% YoY to N101.0 […]

