October 29, 2021/Cordros Report NB published Q3-21 (9M-21) results yesterday after the close of business, reporting an EPS decline of 63.1% y/y to NGN0.06 (Q3-20: NGN0.17). Weaker margins and higher finance costs impacted EPS for the quarter. However, for the nine months ended September (9M-21), EPS grew 18.4% y/y to NGN1.03. […]
Results & Dividends
Dangote Cement Plc 9M-21: Impressive Earnings Despite Weaker Q3 Performance
October 29, 2021/Cordros Report DANGCEM published 9M-21 audited financials this morning, reporting growth of 4.9% y/y in Q3-21 standalone PAT while EPS grew by 4.5% y/y to N5.02, bringing 9M-21 EPS to NGN16.23 (+32.5% y/y). On an annualized basis, the company’s 9M-21 EPS is 33.3% ahead of the 2020FY EPS […]
TotalEnergies Marketing Nigeria Plc Q3-21: Topline Hits Highest on Record; Lower Finance Costs Supports Earnings
October 29, 2021/Cordros Report TOTAL published its Q3-21 results earlier today, reporting Q3-21 standalone EPS of NGN15.67 (Q3-20: NGN3.06) and 9M-21 EPS of NGN39.43 (9M-20: NGN1.47). Adjusting for net foreign exchange gain, the company reported an EPS of NGN10.16, bringing the 9M-21 adj. EPS to NGN33.91. Revenue in the period […]
