FSDH Initial Reaction: MTN Nigeria 3Q22 results Kindly click here to download the report October 31, 2022/FSDH Research Key Performance Highlights: MTN Nigeria maintained its robust momentum from the last quarter, posting double-digit growth in 3Q22. The company reported a solid 21.9% YoY revenue growth to N506.0 billion in 3Q22. […]
Results & Dividends
United Capital Research Investment Views This Week 31st October 2022 to 4th November 2022
October 31, 2022/United Capital Research Macro Highlights and Outlook According to the Governor of the Central Bank of Nigeria, the apex bank would commence the release of the re-designed 200, 500, and 1000 naira notes by December 15, 2022. In addition, he emphasised that the move was targeted at controlling […]
International Breweries Plc Q3-22 Margin Compression and Higher Costs Undermines Earnings
October 31, 2022/Cordros Report International Breweries Plc (INTBREW) published its Q3-22 (9M-22) unaudited results over the weekend, reporting a loss per share of NGN0.12 in standalone Q3-22 (vs EPS of NGN0.08 in Q3-21), translating to a smaller loss per share of NGN0.10 in 9M-22 (-80.8% y/y). The negative outturn in […]
