March 1, 2022/CSL Research Based on its recently released FY 2021 results, Dangote Cement sustained the upbeat it started the year with, recording a solid 33.8% y/y growth in Revenue to N1.38tn in FY 2021 from N1.03bn in FY 2020. The actual full-year Revenue is slightly ahead of our 2021 […]
Results & Dividends
NASCON Allied Industries Plc 2021FY: Earnings Bolstered by Lower Finance Costs
March 1, 2022/Cordros Report NASCON Allied Industries Plc (NASCON) released its 2021FY audited results yesterday, reporting a 38.7% y/y growth in Q4-21 standalone PAT with an EPS of NGN0.21 (Q4-20: NGN0.15), bringing the 2021FY EPS to NGN1.12 (+10.4% y/y; 2020FY: NGN1.02). The growth in 2021FY EPS was driven mainly by […]
Dangote Cement Proposes N20.00 Per Share Dividend on Commitment to Climate Change
March 1, 2022/Dangote Group Dangote Cement’s commitment to environmental disclosures and sustainability is yielding the desired results with Carbon Disclosure Project (CDP) raising its rating from C to B- even as it proposes a dividend of N20 per share for the year ended December 31,2021. The CDP is an international […]
