Culled—Proshare February 27, 2020 By CardinalStone Research Dangote Cement Plc (DANGCEM: TP N201.29) reported a 48.4% YoY decline in profit after tax to N200.5 billion in its FY’19 audited report released after close of market yesterday. The performance was weighed by pressures on finance expense, higher selling & distribution cost, and […]
Results & Dividends
Zenith Bank Q4 2019 Results Review: Compelling Valuation at Current Levels
Culled—-Proshare February 27, 2020 By FBNQuest Research Material revisions to our 2020E earnings forecast & price target We maintain our Outperform rating on Zenith Bank and increase our price target by 17% to N47.7, implying a potential upside of 150% from current levels. The final dividend of N2.50 (register to […]
Standard Chartered PLC – Full-Year and Fourth Quarter 2019 Results
February 27, 2020/Standard Chartered Standard Chartered PLC (the Group) (https://www.SC.com/) today releases its results for the year and quarter ended 31 December 2019. All figures are presented on an underlying basis and comparisons are made to the full-year 2018 on a reported currency basis, unless otherwise stated. A reconciliation of […]
