October 26, 2021/CSL Research Nestle Nigeria Plc grew topline by 25.7% y/y to N90.15bn in Q3 2021 from N71.71bn in Q3 2020. 9M:2021 Revenue was up 23.0% y/y to N261.59bn from N212.73bn in September 2020. On a q/q basis, Revenue was up 7.1% to N90.2bn in Q3 2021 from N84.2bn […]
Results & Dividends
UBA Plc 9M 2021 Quick Take: Operating Performance Still Strong
October 25, 2021/CSL Research UBA’s 9M 2021 unaudited numbers showed a moderate 8.4% y/y growth in Interest Income to N343.7bn. Net loans to customers were up 12.4% in 9M 2021 compared with December 2020 and up 9.0% in Q3 2021. Interest Expense on the other hand was down 12.7% y/y […]
UBA Plc 9M-21: Sustained Core Income Growth Drives Earnings
October 25, 2021/Cordros Report Event: UBA released its nine-month interim report during the weekend, which showed that the bank recorded strong earnings growth during the period. The bank’s core segment has continued to support the growth in profitability consequent on higher income from loans, lower funding and impairments costs. On […]
