July 29, 2021/Transcorp Transnational Corporation of Nigeria Plc (Transcorp) has released its unaudited results for the half–year ended June 2021, recording significant improvement across its major income lines. The Conglomerate with strategic investments in the Power, Hospitality, and Energy sectors, recorded a profit after tax of N6.5bn, rising by 713% […]
Results & Dividends
Nestle Nigeria Q2-21: Surging Finance Cost Drags Earnings Amid Weaker Margins
July 29, 2021/Cordros Report NESTLE published its Q2-21 unaudited financials after market close yesterday. The result showed that the company’s EPS declined by 12.2% y/y to NGN11.77 in Q2-21 (Q2-20: NGN13.41), mainly due to a spike in finance cost. Revenue grew by 19.1% y/y in Q2-21 (H1-21: 21.6% y/y), […]
Lafarge Africa Plc H1 2021: Walking on a Solid Path
July 29, 2021/CSL Research Following an improved performance in Q1 2021, Lafarge Africa Plc sustained growth in its H1 2021 earnings results, reporting a 20.3% y/y increase in Revenue to N145.0bn from N120.5bn in H1 2020. Growth from both Cement Sales (up 19.3% y/y to N141.4bn) and Aggregates & Concrete […]
