May 26, 2022/Cordros Report FBNH released its 2021FY audited financial statement yesterday (25th of May), which showed that the bank recorded robust expansion in PAT (+99.9% y/y), albeit it was largely supported by recoveries totalling NGN141.03 billion (vs NGN11.23 billion in 2020FY), a fallout of recovery efforts by the bank […]
Results & Dividends
FBN Holdings reports solid bottom-line performance driven by higher recoveries in FY21
Kindly click here to download the report. May 26, 2022/FSDH Report Key Performance Highlights: FBN Holdings filed its FY21 results on 26 May, reporting stellar performance with gross revenue growing by 28.4% to N757.6 billion and profit before tax rising by 99.1% to N166.7 billion. The company reported a massive […]
Dangote Cement Plc Q1 2022 Earnings Update: Demand is Still Strong, Supply is the Limiting Factor
May 24, 2022/CSL Research Dangote Cement also had a fair share of the impact of the current inflationary pressures, FX depreciation and supply chain disruptions on business volumes as its group volume was down 3.6% y/y to 7.2m MT in Q1 2022. However, the combined better price realization (up 28.9% […]
