February 1, 2023/Cordros Report Presco Plc (PRESCO) published its Q4-22 unaudited financials yesterday, reporting a standalone EPS of NGN3.48 (Q4-21: NGN5.09), underpinned by a sharp uptick in net finance cost (+5736.7% y/y). For 2022FY, the EPS settled at NGN21.47 (2021FY: NGN19.32), recording an increase of 11.1%. PRESCO’s revenue grew by 218.3% […]
Results & Dividends
Flour Mills’ continued robust top-line performance marred by rising costs in 3Q23
FSDH Initial Reaction: Flour Mills 3Q23 results Kindly click here to download the report February 1, 2023/FSDH Research Key Performance Highlights: In 3Q23, Flour Mills continued its robust top-line performance as the company recorded a stellar 30.2% YoY increase in revenue to N393.4 billion, driven by robust growth across the […]
The Okomu Oil Palm Company Plc Q4-22: Higher Operating Expenses Drags Earnings
February 1, 2023/Cordros Report The OKOMU Oil Palm Company Plc (OKOMUOIL) published its Q4-22 unaudited financials on Monday, January 30, reporting a loss per share of NGN0.75 in Q4-22 (Q4-21: NGN0.07). For 2022FY, the results show a 50.2% y/y growth in EPS to NGN18.17 (2021FY: NGN12.10). Revenue grew by 42.8% […]
