… Maintains $120m capex, records $234m revenue July 29, 2020/SEPLAT Lagos and London, 29 July 2020: Seplat Petroleum Development Company Plc (“Seplat” or the “Company”), a leading Nigerian independent energy company listed on both the Nigerian Stock Exchange (NSE) and the London Stock Exchange (LSE), has announced a cash increased […]
Results & Dividends
INTBREW H1-2020: Operational challenges outweigh the benefits of capital restructuring
July 29, 2020/United Capital Report Operational challenges and FX issues outweigh the benefits of capital restructuring Recently, International Breweries Plc (INTBREW) published its unaudited H1-2020 financial result. According to the report, Revenue declined by 11.7%y/y to N60.6bn, dragged by the underwhelming performance in Q2-2020 (-24.7%y/y) amid the negative impact of […]
DANGCEM H1-2020 Financial Result: Against the Whirlwinds
July 29, 2020/United Capital Report Recently, Dangote Cement Plc (DANGCEM) published its unaudited H1- 2020 financial result. According to the report, Revenue saw an increase of 2.0%y/y to N466.9bn, amid the disruption in economic activities by COVID-19. However, volume decline by 1.5% y/y. Overall, the company profit before and after tax […]
