April 12, 2021/United Capital Report Dangote Sugar Plc (DANGSUGAR) released its financial result for FY-2020. According to the report, Revenue grew by 33.0% y/y to N214.3bn in FY-2020 from N161.1bn in FY-2019. Cost of Sales grew, albeit slower than the growth in Revenue, up 30.7% y/y to N160.6bn in FY-2020. […]
Results & Dividends
Seplat Petroleum Company FY-2020 Audited Financial Result: Brighter days ahead
April 12, 2021/United Capital Report Earlier, Major indigenous upstream player Petroleum Development Company (‘SEPLAT’ or ‘The Company’) released its FY-2020 financials, recording a basic loss per share from continuing operations of -$0.13 in FY-2020 vs $0.19 in FY-2019. Recall that demand and supply shocks in the energy market, triggered by […]
Access Bank Plc Q4/FY 2020: Strong Non-Interest Income Offset the Impact of weak NIM and Jump in Loan Impairment
April 8, 2021/InvestmentOne Report · Net interest income of N66.68billion, down 4.84%q/q , 0.50%y/y · Non-interest income of N50.91billion, down 18.68%q/q, up 254.46%y/y. · Profit before tax of N9.30billion, down 78.03%q/q, 16.39% y/y. · Profit after tax of N3.71billion, down 91.01%q/q, 33.98%y/y.. Weak q/q Performance Last week, Access Bank […]
