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% […]
Results & Dividends
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 […]
Access Bank 9M 2021: NIR Growth Support Q3 Numbers
November 1, 2021/CSL Research NIR growth support Q3 numbers Access Bank’s 9M 2021 numbers showed a 25.5% y/y growth in Interest Income. Average yield on the bank’s assets ticked up to 9.9% in 9M 2021, from 9.7% in 9M 2020. Net Loans were up 16.4% in 9M 2021 compared with December […]
