Results & Dividends

TRANSCOHOT Continues to Win Delivers Impressive Q3 Performance, Revenue Up +55% Y-o-Y to 22.7Bn

Profit before tax expands to N3.3bn as the leading hospitality brand continues to redefine standards October 31, 2022/Transcorp Hotels Plc Transcorp Hotels Plc (“Transcorp Hotels” or the “Company”) (NGX: TRANSCOHOT) has announced results for the nine months ended September 30, 2022, as it continues its impressive performance, maintain its position […]

Presco Plc Q3-22: Higher Net Finance Costs Shrinks Earnings

October 31, 2022/Cordros Report Presco Plc (PRESCO) published its Q3-22 unaudited financials over the weekend, reporting a standalone EPS of NGN2.40 in Q3-22 (Q3-21: NGN3.65). The moderation in EPS was driven by a sharp increase in net finance costs (Q3-22: NGN2.10 billion | Q3-21: NGN104.90 million). Consequently, the 9M-22 EPS […]

Access Holdings Plc | 9M-22: Strong Non-Core Income Growth Supports Performance

October 30, 2022/Cordros Report ACCESSCORP published its 9M-22 unaudited financials over the weekend, reporting a double-digit earnings growth (EPS: +12.1% y/y to NGN3.88 vs 9M-21: NGN3.46), supported by an expansion in core (+21.5% y/y) and non-core (+50.3% y/y) income. Interest income rose by 21.5% y/y to NGN571.98 billion, aided by […]