Results & Dividends

UBA Delivers a Steady 8.8% Profit Growth in 1Q22

Kindly click here to download the report. April 28, 2022/FSDH Research Key Performance Highlights: United Bank for Africa reported stable net profit numbers for 1Q22, with the gross earnings rising a whopping 18.3% YoY and the profit increasing 8.8% YoY to N41.5 billion in 1Q22. The growth in gross earnings […]

GTCO: High Operating Expenses Continue to Dampen Results in 1Q22

Kindly click here to download the report. April 28, 2022/FSDH Research Key Performance Highlights: Guaranty Trust Holding reported its 1Q22 numbers with a 12.6% YoY jump in the gross earnings to N119.6 billion compared to N106.2 billion in 1Q21. However, the bank recorded a 5.1% YoY drop in the profit […]

Unilever Nigeria Q1 2022: Strong Operating Performance in Q1 2022 Provides a Solid Base

April 27, 2022/CSL Research Unilever Nigeria in its recently released Q1 2022 financials reported a 24.5% y/y increase in Revenue to N20.6bn from N16.5bn in Q1 2021. Across product segments, y/y performance was also strong in Q1 2022 as Food (+26.2% y/y to N9.4bn) and HPC (+23.2% y/y to N11.1bn) […]