Results & Dividends

ETI Says Q4 2020 Post-Tax Profit Plunges -63.9% to N35.9 Billion

January 29, 2021 By Paschal IJEH InvestAdvocate Lagos (INVESTADVOCATE)-Pan-African lender, Ecobank Transnational Incorporated (ETI) said on Friday its profit for the fourth quarter (Q4) period ended December 31, 2020  plunged 63.9 percent to N35.88 Billion from N99.46 billion recorded a year ago. Profit before tax (PBT) of the bank also […]

UNILEVER Posts -N1.6 Billion Loss in Q3′ 2020

January 25, 2021 By InvestAdvocate Lagos (INVESTADVOCATE)-Soap and detergent producer, Unilever Nigeria Plc on Monday reported a Loss after tax of -N1.6 billion for the third quarter  (Q3) period ended September 30, 2020 compared to a loss after tax of N4.2 billion reported a year ago. The company also reported […]

Unilever Nigeria Plc: 2020FY/Q4 Earnings Drive 2020FY Outperformance; Risks Still Abound

January 25, 2021/Cordros Report UNILEVER published its Q4-20 and 2020FY unaudited results after market close on Friday (22 January) with revised 2019 numbers. EPS turned positive in Q4-20 standalone, printing NGN0.08 (Q4-19: -NGN0.83) following significant revenue growth, gross margin expansion and lower operating expenses.   For 2020FY, the company recorded […]