October 28, 2022/Cordros Report TotalEnergies Marketing Nigeria Plc (TOTAL) published its Q3-22 unaudited financials yesterday (27 October), reporting a 25.3% y/y decline in standalone EPS to NGN11.71 (Q3-21: NGN15.67), cascading to a 6.6% y/y decline in 9M-22 EPS to NGN36.83 (9M-21: NGN39.43). The EPS decline is largely attributed to significant […]

October 27, 2022/Cordros Report Zenith Bank Plc (ZENITHBANK) published its 9M-22 interim financial statements today (27 October), reporting an 8.6% y/y increase in EPS to NGN5.55 (9M-21: NGN5.11), aided by the impressive growth in the bank’s core (+26.5% y/y) and non-core (+10.0% y/y) income. Impressively, the bank reported a +26.5% […]

October 27, 2022/Cordros Report NASCON Allied Industries Plc (NASCON) published its unaudited Q3-22 financials this afternoon, in which the company reported a standalone EPS of NGN0.51 (Q3-21: NGN0.36), bringing 9M-22 EPS to NGN1.09 (9M-21: NGN0.91), 3.0% short of the 2022FY print (NGN1.12). The EPS increase was driven by the sturdy […]