July 18, 2022/CSL Research The Consumer Price Index (CPI) data released by the National Bureau of Statistics (NBS) showed that headline inflation increased rapidly, up 88bps to 18.60% in June 2022. At this level, inflation is at a 65-month high (from February 2017 to June 2022). Within this period, the […]
Results & Dividends
Unilever Nigeria Plc Q2-22: Weaker Earnings Mask Improved Margins
July 18, 2022/Cordros Report Unilever Nigeria Plc (UNILEVER) published its Q2-22 unaudited results last week Friday (July 15), reporting standalone EPS of NGN0.02 (Q2-21: NGN0.22), bringing H1-22 EPS to NGN0.33 (H1-21: NGN0.12). The EPS decline was due to the growth in finance costs (Q2-22: NGN507.47 million vs Q2-21: NGN11.09 million) […]
Oando Declares N132.57 Billion Loss in FY 2020
June 23, 2022 By Evans Charles Lagos (INVESTADVOCATE)-Oil marketing major, Oando Plc on Wednesday said its pretax profit for the fourth quarter (Q4) 2020 Unaudited results for the period ended December 31, 2020 declined -64.6 percent to N133.43 billion from N337.41 billion reported the same period of 2019. Similarly, profit […]
