November 1, 2021/NGX Shareholders of Guinness Nigeria Plc have approved the N1.008billion dividend declared and recommended by the Board of the Company at the 71st Annual General Meeting held in Lagos, as the Company recorded a 54% increase in revenue for the year ended June 30, 2021. Appreciating the support of […]
Results & Dividends
UACN Plc 9M 202: Despite Solid Topline, Bottomline Down on Higher Finance Costs and Losses from Associate Company
November 1, 2021/CSL Research UACN released its unaudited 9M 2021 result last week Friday. In its 9M results, the company reported a 23.5% y/y increase in Revenue to N71.4bn in 9M 2021 from N57.8bn in 9M 2020. On a q/q basis, the company reported a marginal topline growth of 1.6% […]
Dangote Sugar Refinery Plc Q3-21: Surge in Finance Cost Dampens Earnings
November 1, 2021/Cordros Report DANGSUGAR published its 9M-21 results after market close on Friday, reporting an 80.6% y/y decline in EPS to NGN0.24 in Q3-21 (Q3-20: NGN1.23) – the lowest since Q3-16 – affected mainly by a 218.9% y/y surge in finance cost. Likewise, 9M-21 EPS plummeted by 41.8% to […]
