Culled—Proshare June 11, 2020 By FBNQuest Research Mild cuts to our EPS forecasts over the 2020-21E period Presco’s Q1 2020 earnings fell -16% y/y to N1.8bn, driven by a mild decline in sales and a -146bp y/y contraction in gross margin to 78.1%. Q1 earnings missed our forecast by around […]
Results & Dividends
Unity Bank FY 2019 Results: The Highs and Lows of A Corporate Rebound
Culled—Proshare June 11, 2020 By TheAnalyst Unity Bank’s financial results for 2019 exceeded analysts’ expectations as the bank’s profit numbers turned around from a loss of N7.69bn in FYE 2018 to a profit of N3.38bn in FYE 2019 representing a +148.21 growth in the last financial year. Regardless of the […]
Unity Bank Posts Gross Earnings of N44.59 billion in FY 2019
…declares N550M PBT in Q1 2020 June 10, 2020/Unity Bank Plc Nigeria’s commercial lender, Unity Bank Plc, has declared gross earnings of N44.59 billion for 2019 financial year, continuing a path to strong growth started in 2018 financial year, after the bank took bold corporate action to clean up its […]
