April 21, 2021/Proshare by FBNQuest Research 3% cut to our price target due to 150bp increase to the risk-free-rate UBA’s Q1 ’21 earnings came in ahead of our forecast mainly because of a positive surprise in impairment for credit losses. Although pre-provision profits were broadly in line with our forecasts, […]
Results & Dividends
UNILEVER Reports N492 Million Loss in Q1 2021
April 21, 2021 By Evan Charles InvestAdvocate Image Credit: Unilever Lagos (INVESTADVOCATE)-Soap and detergent producer, Unilever Nigeria Plc has reported a Loss after tax of N492 million for the first quarter (Q1) period ended March 31, 2021 compared to a loss after tax of N1.114 billion reported a year ago. […]
UBA Plc Q1 2021 Initial Impression: Impressive year on year performance
April 21, 2021/InvestmentOne Report · Net interest income of N74.38billion, up 1.27%q/q , 13.70%y/y · Non-interest income of N32.27billion, down 20.16%q/q, up 13.11%y/y. · Profit before tax of N40.58billion, down 2.19%q/q, up 24.00% y/y. · Profit after tax of N38.16billion, up 4.15%y/y, 26.76%y/y.. Weak q/q Performance Recently, UBA reported […]
