Results & Dividends

Access Holding 9M’22: Reduced OPEX & Impairment Charge Drive Q3 Profit Growth

October 31, 2022/CSL Research Access Holding’s 9M 2022 unaudited numbers showed a 21.5% y/y growth in Interest Income driven by growth in Interest Income on Net Loans to Customers which was up 11.1% in 9M 2023 compared to the December position. Interest Expense also grew strongly, up 43.4% y/y and 31.8% […]

Guaranty Trust Holding Reports Solid All-Around Performance in 3Q22

FSDH Initial Reaction: Guaranty Trust Holding 3Q22 results Kindly click here to download the report. October 31, 2022/FSDH Research Key Performance Highlights: In 3Q22, Guaranty Trust Holding reported a 13.0% YoY growth in gross earnings to N125.0 billion compared to N110.6 billion in 3Q21. The robust growth in gross earnings […]

Dangote Sugar Refinery Plc Q3-22: Sturdy Sales Growth Supports Profitability

October 31, 2022/Cordros Report Dangote Sugar Refinery Plc (DANGSUGAR) released its Q3-22 unaudited financials last Friday (28 October), reporting standalone EPS of NGN0.38 (Q3-21: NGN0.24); bringing 9M-22 EPS to NGN2.04 (9M-21: NGN1.28). The EPS growth was driven by the stellar growth in sales (+61.9% y/y) in the period. DANGSUGAR’s revenue […]