Results & Dividends

Ardova Plc Q4-21: Higher Operating Expenses and Net Finance Costs Undermines Profitability

March 1, 2022/Cordros Report Ardova Plc (ARDOVA) published its Q4-21 unaudited financials on Monday (28th February), reporting loss per share of NGN2.35 in Q4-21 (vs loss per share of NGN0.02 in Q4-20) culminating in a 2021FY loss per share of NGN1.26 (vs earning per share of NGN1.42 in 2020FY). We highlight that the […]

Lafarge Africa Plc FY 2021: Consolidating Recovery

March 1, 2022/CSK Research In its recently released audited FY 2021 results, Lafarge reported a 27.1% y/y increase in Revenue to N293.1bn from N230.6bn in FY 2020. On a q/q basis, Revenue was down marginally by 0.4% to N73.9bn in Q4 2021 from N74.2bn in Q3 2021. The broad-based growth […]

Transcorp Hotels Says 2020 Gross Profit Up +143% to N16.23Bn, Offers Final Dividend of 7 Kobo

March 1, 2022/Transcorp Hotels Plc   Transcorp Hotels Plc has announced its Audited Financial Statements for the full year ended December 31, 2021. The results published on the Nigerian Group Exchange showed a 114% growth in Revenue to N21.74bn from N10.16bn as of December 2020, while Gross Profit rose by 143 % to N16.23bn from N6.67bn.       The Company’s […]