August 3, 2020/Sterling Bank Plc Sterling Bank Plc, a full service national commercial bank has reported a net interest income of N33.5 billion during the half-year ended June 30, 2020, as against N30.4 billion during the corresponding period of 2019, representing a growth of 10.1 percent. The bank’s total assets […]
Results & Dividends
MTN Nigeria Plc Q2’20 Results – N3.50 Interim Dividend is Justified by Robust Cashflow
Culled—Proshare August 3, 2020 By CardinalStone Research MTN Nigeria Plc (MTNN: TP – N149.36: BUY) reported a 13.8% YoY contraction in profit after tax to N43.7 billion in its Q2’20 results. This result and the strong first-quarter performance translate to a 4.7% contraction in earnings to N94.9 billion over the first […]
Ardova Plc Q2’20 Unaudited Results – Cost Efficiency Results in Operating Profit in Q2’20
Culled—Proshare August 3, 2020 By CardinalStone Research Ardova Plc (ARDOVA : TP – N14.42) has reported a 75.8% YoY decline in profit after tax to N514.9 million in its Q2’20 unaudited results. Key Highlights: Revenue declined by 12.3% YoY to N35.3 billion in the quarter due to sales weaknesses across fuels […]
