Kindly click here to download the report. April 29, 2022/FSDH Research Key Performance Highlights: Access Bank recorded a strong 33.1% YoY growth in gross earnings to N295.7 billion in 1Q22, principally driven by a massive net foreign exchange gain of N85.8 billion, coupled with a solid 44.5% YoY jump in […]
Results & Dividends
Dangote Cement Plc Q1 2022: Price Increments Came to the Rescue
April 29, 2022/CSL Research Akin to its peers, Dangote Cement reported a double-digit Revenue growth of 24.2% y/y to N413.2bn in Q1 2022 from N332.7bn in Q1 2021, based on its recently released Q1 2022 results. On a q/q basis, performance was also better compared with Q4 2021, as Revenue […]
Dangote Sugar Refinery Plc Q1-22: Shrinking Margins Slows Earnings Growth
April 29, 2022/Cordros Report Event: Dangote Sugar Refinery Plc (DANGSUGAR) released its Q1-22 unaudited financials earlier today, reporting a PAT growth of 6.8% y/y with an EPS of NGN0.73 (Q1-21: NGN0.68). The EPS growth was buoyed by topline expansion (+40.1% y/y) and lower net finance costs (-18.0% y/y). DANGSUGAR’s revenue […]
