May 12, 2020/InvestmentOne Report Uninspiring topline performance: down 3.2% q/q, 0.9% y/y. · Improved gross profit margin: up 120bps q/q; 70bps y/y. · Mixed Opex to sales ratio at 20.1%: down 310bps q/q; up 260bps y/y. · Mixed PBT margin: up 480bps q/q; down 210bps y/y. Nestle Nigeria Plc released […]
Results & Dividends
United Bank for Africa Q1 2020 Results: Decent Performance in a Weak Macroeconomic environment
May 11, 2020/InvestmentOne Report Net interest income of N65.42billion, up 3.9%q/q , up 12.6%y/y · Non-interest income of N28.53billion, up 64.5%q/q, up 11.3%y/y. · Profit before tax of N32.73billion, up 150.7%q/q, up 8.5% y/y. · Profit after tax of N30.10billion, up 303,4%y/y, up 5.0%y/y. Non-interest Income Supports q/q […]
Sterling Bank grows net trading income by 126.2% in Q1’20
May 11, 2020/Sterling Bank Plc Sterling Bank Plc, a full service national commercial bank, has reported a net operating income of N18.779 billion during its first quarter ended March 31, 2020 compared with N18.565 billion during the corresponding period of 2019, representing an increase of 1.2 percent. This was disclosed […]
