May 22, 2020/CSCS Central Securities Clearing System (CSCS) Plc, today, held its 26th Annual General Meeting (AGM), where shareholders approved N0.86 dividend per share payout to shareholders. The AGM was held by proxy at the Nigerian Stock Exchange Event Centre, Lagos whist observing relevant social distancing protocols and hygiene, aimed […]
Results & Dividends
Dangote Cement Plc Q1’20 Unaudited Results – Huge Pan African Loss Masks Strong Domestic Numbers
Culled—Proshare May 22, 2020 by CardinalStone Research Dangote Cement Plc (NGSE:DANGCEM) reported a combined profit after tax (PAT) of N60.6 billion (0.6% YoY) in its Q1’20 unaudited results. Despite a robust performance in Nigeria, growth in joint PAT was pegged back by a more than two-fold increase in after tax […]
BUA Cement Plc FY 2019 Results: The Beginning of a New Journey
May 22, 2020/InvestmentOne Report Turnover: up 47.48% y/y to N175.52billion. Gross margin performance: down to 46.97% from 50.37% in FY 2018. OPEX/Sales ratio : down to 12.74% from 15.63% in FY 2018. PBT Margin: rose to 37.74% from 32.91% in FY 2018. The recently released result of BUA Cement Plc. […]
