July 28, 2020/United Capital Report Recently, Total Nigeria Plc (TOTAL) published its unaudited H1-2020 result. According to the report, Revenue sharply declined by 29.3% y/y to N106.7bn, as the measures taken to contain the spread of the COVID-19 pandemic in Q2-2020, bit deeply into the company’s numbers. Overall, the company […]
Results & Dividends
Lafarge Africa Plc H1 2020 Result: A Fall In Expenses Buoys Earnings
Culled—Proshare July 28, 2020 by Proshare Research Key Highlights The firm’s revenue grew by 2.3% in H1 202o while it dropped by -5.1% in Q2 2020 Finance cost dropped by 67% to N4.43bn in H1 2020 from N13.33bn in H1 2019. Its PBT grew by 86% to N28bn while […]
Total Nigeria Plc Q2 2020 Unaudited Results – COVID-19 Disruptions Weigh on Earnings
Culled—Proshare July 27, 2020 CardinalStone Research Total Nigeria Plc (NGSE: TOTAL) reported N373.9 million loss in its unaudited Q2’20 results (vs N604.1 million profit in Q2’19). This result also leaves cumulative losses at N537 million (c.53.1% of our full-year forecast) for the first six months of 2020. Key Highlights In Q2’20, […]
