April 1, 2021/United Capital Report Earlier, Stanbic IBTC Holding Plc (“STANBIC” or “The Group”) released its Audited FY -2020 financial result, showing a 0.3%y/y expansion in Gross Earnings (GE) to N234.4bn amid the extreme operating environment. Interest income fell 12.3%y/y to N105.8bn, exerting pressure on asset yields. More interestingly, PBT […]
Results & Dividends
Fidelity Bank Reports N28.1Bn Post-Tax Profit in FY 2020, Offers 22 Kobo Dividend
March 31, 2021/Fidelity Bank Plc Fidelity Bank Plc has posted strong full year results for the financial year ended December 31, 2020, in a clear demonstration of resilience and stability. In the results announced Wednesday March 31, 2021 on the Nigerian Stock Exchange (NSE), the Nigerian lender capped a remarkable […]
Lafarge Africa Plc FY-2020: Stronger Outing Expected Despite Concerns
March 30, 2021/United Capital Report Lafarge Africa Plc (WAPCO) released its FY-2020 results last week, showing a 98.8% y/y rise in PAT to N30.8bn. Lafarge’s revenue (up 8.3% y/y to N230.6bn) grew faster than its cost of sales (up 4.0% to N163.3bn) during the period. This, coupled with improved operating […]
