October 31, 2022/Cordros Report Nestle Nigeria Plc (NESTLE) published its Q3-22 unaudited results over the weekend, reporting a 4.6% y/y increase in Q3-22 standalone PAT with an EPS of NGN15.65 (Q3-21: NGN14.95), bringing the 9M-22 EPS to NGN50.66 (+19.6% y/y; 9M-21: NGN42.37). The EPS increase in Q3-22 was primarily driven […]
Results & Dividends
Ardova Plc Q3-22: Higher Costs Continue to Pressure Earnings
October 31, 2022/Cordros Report Ardova Plc (ARDOVA) published its Q3-22 unaudited financials over the weekend, reporting a loss per share of NGN2.44 in Q3-22 (vs loss per share of NGN0.41 in Q3-21), driven by a decline in gross margin (-246bps y/y) and higher net finance costs (+193.3% y/y). Consequently, the […]
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 […]
