July 30, 2021/Cordros Report DANGSUGAR published its Q2-21 and H1-21 results after market close yesterday, reporting a 17.6% y/y decline in EPS to NGN0.35 in Q2-21 (Q2-20: NGN0.43) – the lowest since Q3-19 – underpinned by a 10.1x surge in finance cost amid higher operating expenses. However, H1-21 EPS grew […]

July 30, 2021/Cordros Report FBNH released its H1-21 financial report earlier today, which showed that the Holdco recorded growth in bottom-line. Earnings were supported by growth in non-core income as core income recorded a decline relative to the prior year’s corresponding period. Notwithstanding the growth in non-interest income, the Holdco […]

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, […]