Results & Dividends

FCMB Group Says H1 2021 Profit Declines -22% to N7.6 Billion

July 29. 2021 By Pascal IJEH InvestAdvocate Lagos (INVESTADVOCATE)- FCMB Group Plc said on Thursday its half-year profit for the period June 30, 2021 declined 22 percent to N7.6 billion from N9.7 billion recorded the same period of 2020, the lender said in a filing with the Nigerian Exchange Group […]

Nascon Allied Industries Plc Q2-21: Higher Operating Costs Weigh on Profitability

July 27, 2021/Cordros Report NASCON published Q2-21 unaudited financials after market close yesterday. The result showed that the company’s EPS declined by 15.5% y/y to NGN0.27 in Q2-21 (Q2-20: NGN0.32). The EPS decline was underpinned by a sturdy growth in cost of sales (+31.4% y/y) amidst higher operating expenses (+21.1% […]

Ecobank’s Half-Year Profit Jumps By 33%, Revenue Rises

July 27, 2021/Ecobank Ecobank Transnational Incorporated (ETI) recorded a 33.04 per cent rise in its profit before tax for the first half of the year ended June 30, 2021. In its unaudited financial statement for the first half of the year 2021, Ecobank said its operating income improved by 15.35 […]