May 4, 2022/Cordros Report Event: OKOMU Oil Palm Plc (OKOMUOIL) published its Q1-22 unaudited results at market close on Friday (29 April). The company reported a PAT growth of 80.2% y/y to NGN9.50 billion (Q1-21: NGN5.27 billion), representing an EPS print of NGN9.96 (Q1-21: NGN5.53) owing to the strong revenue […]
Results & Dividends
Dangote Cement Plc Q1-22: Impressive Bottomline Growth Despite Margin Pressures
May 4, 2022/Cordros Report Event: DANGCEM published Q1-22 unaudited financials last week Friday (April 29), reporting PAT growth of 18.0% y/y to NGN105.85 billion while EPS grew by 17.0% y/y to N6.18/s. The growth in EPS was driven mainly by the strong topline growth (+24.2% y/y), which proved sufficient in […]
UACN Plc Q1 2022: Surge in Net Finance Costs Drag Profit
May 4, 2022/CSL Research UACN released its unaudited Q1 2022 result last week. The company reported a 25.6% y/y increase in Revenue to N27.7bn in Q1 2022 from N22.0bn in Q1 2021. Q/q standalone, the company recorded a 7.0 q/q decline in topline from N29.7bn in Q4 2021. The company’s […]
