April 30, 2021/Cordros Report Event: TOTAL published its Q1-21 unaudited results yesterday (29 April), reporting EPS of NGN8.75 (vs loss per share of NGN0.48 in Q1-20). On an adjusted basis, the company reported an EPS of NGN8.75 (vs Adj. Loss per Share of NGN0.53 in Q1-20). Revenue for the period […]
Results & Dividends
Lafarge Africa Plc: Q1-21: A Good Start to the Year
April 30, 2021/Cordros Report Event: WAPCO published Q1-2021 unaudited financials yesterday. The result showed that Profit After Tax grew 13.3% y/y to NGN9.14 billion while EPS settled at NGN0.57/share (+13.3% y/y). The double-digit growth in EPS was driven by topline growth (+12.2% y/y), the decline of 16.3% y/y in operating […]
Access Bank Plc Q1-21: Funded Income Growth & Improved Efficiency Propel Performance
April 30, 2021/Cordros Report ACCESS released its Q1-21 financial report yesterday, which showed that the bank recorded good growth in earnings supported by core earnings. This is a deviation from the pattern witnessed thus far across Tier-1 banks, where non-core earnings have supported performances, while funded income has been relatively […]
