Results & Dividends

Okomu Oil Palm Company Plc Q3 2020 Unaudited Results – Lower Domestic Sales Weaken Q3 2020 Earnings

Culled—Proshare November 3, 2020 by CardinalStone Research Okomu Oil Palm Company Plc Q3’20 Unaudited Results – Lower Domestic Sales Weaken Q3’20 Earnings Okomu Oil Palm Company Plc (OKOMUOIL: TP – N82.12; 2.5% upside to market) just announced a 37.4% YoY decline in earnings to N992 million in its Q3’20 unaudited […]

BUACEMENT Posts Impressive Q3 2020 Results as Revenue Hits N156.6bn, PAT Rises by 24% to N53.57bn

Culled—Proshare November 3, 2020 Press Release BUA Cement, one of Africa’s largest cement producers, has declared revenues of N156.6billion in its 2020 third quarter (Q3) financial results for the 9-months ended, September 2020 – an increase of 21% from N129.4billion in the corresponding period of 2019. This was announced in […]

Guinness Nigeria Q1 2021 Results Review: FX Inflation Undermining Topline Recovery

Culled—-Proshare November 3, 2020 by FBNQuest Research Moderate increases to 2021-23E earnings Guinness Nigeria’s (Guinness) Q1 2021 results (end-Sep) suggest that volumes grew by double digits y/y and topline recovered quickly from the lockdown (3.6x q/q) in Q4 despite the 14% increase in excise taxes on spirits (c.18% of sales). […]