July 30, 2021/CSL Research Dangote Cement in its H1 2021 results reported a 44.8% y/y growth in Revenue to N690.5bn in H1 2021 from N476.9bn in H1 2020. In Q2 2021 standalone, performance was quite modest as Revenue was up 7.6% q/q to N357.7bn (Q2 compared with Q1 2021). Thus, […]
Results & Dividends
Transcorp Hotels Says H1 2021 Revenue Up +84% to N8.4 Billion on Hospitality Sector Recovery
July 30, 2021/Transcorp Hotels Plc Transcorp Hotels Plc has announced its un-audited financial statements for the half year ended June 30, 2021. The results published on the Nigerian Exchange Group showed that revenue rose by 84% to N8.4bn from N4.5bn in June 2020, while total assets rose by 5.27% to N119bn from N113bn during the period under review. Shareholders’ funds stood at N61bn, maintaining its year-end 2020 level. The Company’s […]
FBN Holdings H1 2021: NIR Supports Moderate Y/Y Pre-Tax Profit Growth
July 30, 2021/CSL Research FBNH released H1 2021 UNAUDITED numbers, which showed a 22.4% y/y decline in Interest Income mainly on the back of a decline in yields on investment securities and Net Loans. Q/q, however, Interest Income was up 5.5% in Q2 relative to Q1 2021. Interest Income on […]
