April 27, 2020/FBN Holdings Plc FBN Holdings Plc, Nigeria’s leading financial services group, held its Annual General Meeting (AGM) today, Monday, 27 April, 2020 at Oriental Hotel, Lagos. At the AGM, FBN Holdings Plc reiterated its promise to place its shareholder value at the forefront of its operations, noting that as […]
Results & Dividends
Stanbic IBTC Q1 2020 Unaudited Results – Trading Gains and Provision Reversals Bolster Earnings
Culled—Proshare April 27, 2020 by CardinalStone Research Stanbic IBTC Holdings Plc (STANBIC) recorded a 7.6% YoY increase in earnings to N20.6 billion in its unaudited Q1’20 result. The growth in earnings largely reflected a 47.1% YoY improvement in trading revenue during the review period. Highlights: Net interest income weakened 8.3% […]
Unilever Nigeria Plc: Q1 2020 Initial impression- Shades of Improvement
April 27, 2020/InvestmentOne Report Mixed topline performance: up 45.98% q/q, down 30.71% y/y · Improved gross profit margin of 25.71%: up from -32.44% in Q4 19 and 560y/y basis. · Mixed Opex/sales ratio performance at 22.10%: down q/q from 68.45% and up from 12.36% on a y/y basis. · Profit […]
