Results & Dividends

Zenith Bank 2019FY: Result in Line with Expectations

February 21, 2020/Cordros Report ZENITHBANK recently released its audited FY-19 numbers, which were generally in line with our expectations. As expected, the performance was supported by strong non-interest income growth, just as interest income declined during the period. However, due to the stronger expansion in NII, the bank recorded good growth […]

Alibaba Group Reports December 2019 Quarter Earnings

February 14, 2020 Alizila Staff Alibaba Group today announced financial results for the quarter ended December 31, 2019. Highlights of the group’s fiscal third-quarter earnings are in the infographic and summary below. To read Alibaba Group’s press release covering the results in greater detail, click here. Highlights Revenue growth of […]

Nigerian Breweries Plc 2019FY | First Glance:  Revenue Growth Hits in Nine Quarter High in Q4

February 14, 2020/Cordros Report Event: NB published Q4-19 and 2019FY audited results after the close of market yesterday, reporting EPS decline of 17.6% y/y in Q4, driven by higher operating expenditure, and significantly higher net finance costs, both of which offset the increase in gross margin. The achieved FY revenue […]