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 […]
Results & Dividends
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 […]
Dangote Cement Plc Q2-21: A Stellar Performance Despite Pressure on Margins
July 30, 2021/Cordros Report DANGCEM published Q2-21 audited financials this morning, which showed that the company delivered another stellar performance following the solid earnings reported in Q1-21. Q2-21 standalone PAT rose by 55.5% y/y to NGN101.92 billion while EPS grew by 53.9% y/y to NGN5.92, bringing H1-21 EPS to NGN11.18 […]
