Results & Dividends

Bulls Sustain Hold as Nigerian Stocks Gain +0.5%, Buoyed by FIRSTHOLDCO, PRESCO

July 24, 2025/Cordros Report EQUITIES The bulls continued to dominate the domestic bourse, as buying interests in FIRSTHOLDCO (+9.8%), and PRESCO (+8.2%) drove the All-Share Index higher by 0.5% to 133,199.99 points. Consequently, the Month-to-Date and Year-to-Date returns settled higher at +11.0% and +29.4%, respectively. The total volume traded rose […]

Dangote Sugar Refinery Plc Q2-25: Dampened Costs Spurs Operating Margin Rebound

July 24, 2025/Cordros Report Dangote Sugar Refinery Plc (DANGSUGAR) released their Q2-25 unaudited financials after market close on Wednesday (23 July), reporting a loss per share of NGN0.05 (vs loss per share of NGN6.18 in Q2-24), resulting in a H1-25 loss per share of NGN2.00 (vs loss per share of […]

Guinness Nigeria Plc 12M-25: Earnings Recovery Boosted by Strong EBIT Growth and Lower Net Finance Costs

July 24, 2025/Cordros Report Guinness Nigeria Plc (GUINNESS) published their 12M-25 unaudited results today, reporting an earnings per share of NGN7.40 (vs. loss per share of NGN25.00 in 12M-24). The earnings rebound was primarily supported by a mix of strong operating income (+86.5% y/y) and currency stability, which significantly improved […]