April 26, 2022/Cordros Report BUA Cement published Q1-22 unaudited financials last week Friday (April 22), which showed that PAT expanded by 48.2% y/y to NGN33.14 billion while EPS settled at NGN0.98 (+48.2% y/y). The growth in EPS was due to the double-digit topline growth and moderation in net finance cost. […]
Results & Dividends
Initial Reaction: Stanbic Report Robust Numbers in 1Q22
Kindly click here to download the report. April 26, 2022/FSDH Report Key Performance Highlights: On 22/4, Stanbic bank reported solid 1Q22 results, with the total income rising a sharp 43.3% YoY to N55.8 billion, primarily due to a 47.7% YoY rise in net interest income to N23.4 billion, coupled with […]
Bua Cement Reports Solid Performance in 1Q22
Kindly click here to download the report. April 26, 2022/FSDH Research Key Performance Highlights: BUA Cement reported solid YoY results, with revenue jumping 58.5% YoY, while profit after tax surged 48.2% YoY in 1Q22, outperforming its competitor Lafarge Africa (revenue up +26.8% YoY) comprehensively. However, the 1Q22 performance was boosted […]
