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 […]
Results & Dividends
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 […]
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 […]
