Culled—Proshare August 24, 2020 by FBNQuest Research Outperform rating maintained Presco’s Q2 2020 earnings were up significantly y/y, recovering from a -16% y/y decline in the prior quarter. A 71% y/y improvement in sales and gross margin expansion (+964bps y/y) helped the firm’s performance in Q2. Earnings beat our forecast […]
Results & Dividends
Flour Mills of Nigeria Q4 2020 and Q1 2021 Results Review: Upgrading to Outperform
Culled—Proshare August 24, 2020 by FBNQuest Research 2021-23E average EPS and PT up 83% and 23% respectively Flour Mills Nigeria’s (FMN) Q4 2020 (end-Mar) and Q1 2021 (end-Jun) results imply that the earnings boost received from last year’s border closure was more significant than we had anticipated. PBT beat our […]
Alibaba Group Reports June 2020 Quarter Earnings
August 21, 2020 By Alizila Staff Alibaba Group today announced financial results for the quarter ended June 30, 2020. Highlights of the group’s fiscal first-quarter earnings are in the infographic and summary below. To read Alibaba Group’s press release covering the results in greater detail, click here. Highlights Revenue growth […]
