July 28, 2022/FSDH Research Key Performance Highlights: Cadbury Nigeria reported a robust 57.1% YoY revenue growth in 2Q22 to N15.1 billion, while the net profit rocketed upward to N800 million in 2Q22, compared to a net loss of N861 million in 2Q21. Cadbury’s revenue growth continued to beat Unilever’s 43.3% […]
Results & Dividends
Bua Cement Reports Solid Revenue Growth in 2Q22
July 27, 2022/FSDH Research FSDH Initial Reaction: BUA Cement 2Q22 results Kindly click here to download the report. Key Performance Highlights: BUA Cement continues to report strong YoY results, with revenue jumping 45.2%, while profit after tax surged 34.2% YoY in 2Q22. However, the company recorded a subdued performance sequentially […]
NASCON Allied Industries Plc Q2-22: Stellar Topline Growth Drives Highest Quarterly EPS in Three Years
July 26, 2022/Cordros Report NASCON Allied Industries Plc (NASCON) published its unaudited Q2-22 financials this morning, in which the company reported a standalone EPS of NGN0.87 (Q2-21: NGN0.55), bringing H1-22 EPS to NGN1.16 (H1-21: NGN1.09). The EPS increase was driven by the sturdy growth in sales (55.6% y/y) recorded in […]

