FSDH Initial Reaction: Lafarge Africa 3Q22 results Kindly click here to download the report. November 1, 2022/FSDH Research Key Performance Highlights: Lafarge Africa continued to report double-digit revenue growth in 3Q22, with the revenue jumping 12.2% YoY, but underperforming its close competitor, BUA Cement (+18.2% YoY). Lafarge Africa’s revenues grew […]
Results & Dividends
The Okomu Oil Palm Company Plc Q3-22: Burgeoning Costs Pressures Earnings
November 1, 2022/Cordros Report The Okomu Oil Palm Company Plc (OKOMUOIL) published its Q3-22 unaudited financials yesterday, reporting a standalone EPS of NGN1.27 (Q3-21: NGN2.17). The decline in EPS is primarily due to a 41.9% y/y decline in operating profit. However, the 9M-22 EPS increased by 55.6% y/y to NGN18.92 […]
Nigerian Breweries Continues Strong Top-Line Momentum in 3Q’22; Bottom-Line Affected by Rising Operating Expenses
FSDH Initial Reaction: Nigerian Breweries 3Q22 results Kindly click here to download the report. October 31, 2022/FSDH Research Key Performance Highlights: Nigerian Breweries reported a strong 19.3% YoY revenue growth to N119.4 billion in 3Q22. The cost of sales jumped 24.0% YoY to N83.6 billion in 3Q22, compared to N67.4 […]
