Results & Dividends

CONOIL Declares -27% Decline in 2020 FY Profit After Tax

June 2, 2021 By Evans CHARLES InvestAdvocate Lagos (INVESTADVOCATE)-Oil marketing major, Conoil Plc said on Wednesday its post-tax profit for the period ended December 31, 2020 depreciated 27 percent to N1.44 billion from N1.97 billion posted the same period of last year. Pretax profit of  the oil marketing firm, also […]

JAPAULGOLD Post N1.2 Billion Loss in 2020 FYE

June 2, 2021 By Evan CHARLES InvestAdvocate Lagos (INVESTADVOCATE)-Japaul Gold & Ventutres Plc on Wednesday declared a loss after tax  of N1.2 billion for the period ended  December 31, 2020 compared to a profit after tax of N41 billion recorded  a year ago; indicating further a loss of 103 percent. […]

Presco Q4’20 and Q1’21 Results Review: Solid Outlook for FY’21 Driven by Strong Fundamentals

June 2, 2021/Proshare by FBNQuest Research  Outperformed rating maintained Presco’s Q1 21 earnings beat our estimate by around 61%. Stronger-than-expected sales of N7.9bn vs. our N6.2bn forecast drove the positive surprise. Similar to Okomu, Presco’s topline was supported primarily by double-digit y/y price increases. The re-opening of global economies following […]