March 2, 2022/Cordros Report Lafarge published 2021FY audited financials yesterday. The report showed that 2021FY PAT grew by 65.4% y/y to NGN51.00 billion while EPS settled at NGN3.17/share (+65.4% y/y). The company’s earnings performance was bolstered by the combined impact of topline growth, higher margins and moderation in finance cost. […]
Results & Dividends
Dangote Sugar Refinery Plc 2021FY: Lower Margins and Higher Finance Costs Inhibit Earnings
March 2, 2022/Cordros Report Dangote Sugar Refinery Plc (DANGSUGAR) released its audited reports yesterday, reporting a 107.9% y/y growth in Q4-21 standalone PAT with an EPS of NGN0.54 (Q4-20: NGN0.26), bringing the 2021FY EPS to NGN1.82 (-25.9% y/y; 2020FY: NGN2.45). The decline in the full-year EPS was brought about by […]
Seplat Energy delivers robust performance amid a challenging year for the Nigerian oil & gas industry
March 1, 2022/FSDH Key Performance Highlights: Seplat Energy reported FY21 results with revenues jumping 53.8% YoY to 293.6 billion, while the company reported a net profit of N46.9 billion in FY21 vis-a-vis a loss of N30.7 billion in FY20. Total revenue in FY21 was N293.6 billion versus N190.9 billion reported […]
