February 22, 2021/Cordros Report Nigerian Breweries (NB) released its Q4-20 results with a reported EPS of NGN0.05 (-88.8% y/y), bringing the 2020FY EPS to NGN0.92 (-54.3%). The achieved EPS is a material miss per consensus 2020E EPS estimate of NGN1.69 and Cordros estimate of NGN1.31; the miss is attributable to […]
Results & Dividends
Nigerian Breweries Says 2020 Pretax Profit Dips -50.43%
By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-Beer maker, Nigerian Breweries Plc on Friday said its 2020 pretax profit for the full year ended December 31 2020 declined -50.43 percent to N11.6 billion from N23.4billion recorded a year earlier. Post-tax profit for the review period also dipped 54.25 percent to N7.4 billion […]
Alibaba Reports December 2020 Quarter Earnings
Alizila Staff February 5, 2021/Alizila.com Alibaba Group today announced financial results for the quarter ended Dec. 31, 2020. Highlights of the group’s earnings are in the infographics and summary below. To read Alibaba Group’s press release covering the results in greater detail, click here. Highlights Strong revenue growth of 37% […]

