Culled—Proshare April 6, 2020 By FBNQuest Research 15% increase to our 2020-21E EPS forecasts FCMB’s management did not provide an earnings or ROAE guidance for 2020 on its Q4 2019 conference call. However, it acknowledged that near-term macroeconomic challenges arising from the COVID-19 pandemic and the sharp drop in […]
Results & Dividends
WAPCO returns to profitability, with PAT growth of 91.6% y/y.
April 6, 2020/Cordros Report WAPCO published Q4-19 and 2019FY audited financials this morning. The result showed that the company’s 2019FY EPS settled NGN7.15/share, up from a loss position in the previous year. The positive outturn was driven by the one-off gain from the sale of Lafarge South Africa Holdco. (LSAH) […]
UNILEVER Posts -N7.4 Billion Loss in 2019 in Audited Report
March 31, 2020 By InvestAdvocate Lagos (INVESTADVOCATE)-Soap and detergent producer, Unilever Nigeria Plc on Tuesday reported a Loss after tax of -N7.4 billion for the fourth quarter period ended December 31st, 2019 compared to a profit after tax of N10.5 billion reported a year ago. The company also reported a […]
