Results & Dividends

PZ Cussons Nigeria: Q1 2023 Net Profit Leaps 464%

October 18, 2022/CSL Research PZ Cussons set off the 2023 financial year with a decent 23.4% y/y growth in Revenue to N27.39bn in Q1 2023 from N22.20bn in Q1 2022. In the same vein, Revenue grew 9.7% q/q to N27.39bn in Q1 2023 from N24.96bn in Q4 2022. There was […]

Access Bank Reports Subdued Performance in 2Q22

September 20, 2022/FSDH Research Key Performance Highlights: Access Bank recorded a 31.2% YoY growth in gross earnings to N296.0 billion in 2Q22, principally driven by an 18.6% YoY rise in Interest Income calculated using the effective interest rate and a significant net gain of N108.8 billion on financial instruments held […]

Access Holdings Plc H1 2022:  Reduced Fee Income and High Opex Drag Q2 Profit

September 16, 2022/CSL Research Access Holding’s H1 2022 audited numbers showed a 16.5% y/y growth in Interest Income driven by growth in Interest Income on Net Loans to Customers which was up 37.0% y/y. The increase in interest income on Net Loans was driven by an increase in the quantum of […]