Results & Dividends

Zenith Bank Plc H1-2: Earnings Defended by Core and Non-Core Income

August 30, 2021/Cordros Report Event: ZENITHBANK released its H1-21 interim financial report on Friday (27th August), which showed that the bank recorded earnings growth, albeit marginal. This performance was primarily driven by the growth in non-interest income and supported by moderate improvement in funded income, reflecting the new post-pandemic realities. […]

Lafarge Africa Plc H1-2021 Unaudited Financial Result: Robust demand & deleveraging efforts to underpin profitability

August 30, 2021/United Capital Report Please click here to download the full report Lafarge Africa Plc (“WAPCO” or “the Group”) published its H1-2021 financials recently. Revenue grew 20.3% y/y in the period, buoyed by improved sales volumes across its cement and aggregate segments, as well as higher pricing. The cement […]

Zenith Bank Plc H1 2021 Quick Take: Trading Gains Support Q2 Numbers

August 27, 2021/CSL Research Zenith Bank’s H1 2021 AUDITED results showed a 6.0% y/y decline in Interest Income. Q/q however, Interest Income grew marginally, up 1.6% in Q2 2021 relative to Q1 2021. The y/y decline was mainly due to a steep decline in interest on Placement with banks/discount houses, […]