FSDH Initial Reaction: MTN Nigeria 2Q22 results Kindly click here to download the report. August 2, 2022/FSDH Research Key Performance Highlights: MTN Nigeria maintained its robust momentum from the last quarter, posting double-digit growth in 2Q22. The company recorded an 18.0% YoY revenue growth to N479.1 billion in 2Q22. The […]
Results & Dividends
Okomu Oil Palm Plc Q2- 22: Higher CPO Prices Boosts Earnings
August 2, 2022/Cordros Report Okomu Oil Palm Plc (OKOMUOIL) published its Q2-22 unaudited financials on Friday (July 29) reporting a standalone EPS growth of 72.1% y/y to NGN7.69 in Q2-22 (Q2-21: NGN4.47). Accordingly, H1-22 EPS stood at NGN17.65 (H1-21: NGN10.00). The growth in EPS was driven by stellar growth in […]
Flour Mills of Nigeria Plc Q1-23: Slight Expansion in Earnings on Stifled Margins
August 2, 2022/Cordros Report FLOURMILL published its Q1-23 unaudited results today, reporting EPS of NGN1.37 (Q1-22: NGN1.17), underpinned by solid revenue growth of 45.3% y/y in the period. Revenue grew by 45.3% y/y driven by substantial growth across the Food (+45.1% y/y), Agro-Allied (+37.7% y/y), Sugar (+64.1% y/y), and Support […]
