August 1, 2022/CSL Research FBNH released H1 2022 unaudited numbers. Interest Income was up 40.6% y/y driven by growth in Interest Income on investment securities and Loans due to an improvement in earnings yield. Q/q, Interest Income was up 6.8% in Q2 2022 compared with Q1 2022 as loans grew […]
Results & Dividends
Presco Plc Q2-22: Impressive Earnings Amid Costs Pressures
August 1, 2022/Cordros Report Presco Plc (PRESCO) published its Q2-22 unaudited financials on Friday (July 29) reporting a standalone EPS growth of 12.7% y/y to NGN7.59 in Q2-22 (Q2-21: NGN6.73). Accordingly, H1-22 EPS stood at NGN13.47 (+33.1% y/y). The growth in EPS was driven by stellar growth in revenue amid […]
Nestle Nigeria Plc Q2-22: Revenue Growth Sustained but Margins Remain Weak
August 1, 2022/Cordros Report Nestle Nigeria Plc (NESTLE) published its Q2-22 unaudited result last week Friday, reporting standalone EPS of NGN12.33 (NGN11.77); bringing H1-22 EPS to NGN35.01 (H1-21: NGN27.42). The EPS outturn was supported by the sturdy top-line expansion (+33.3% y/y) in the period. We highlight that the EPS print […]
