Results & Dividends

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 […]

Flour Mills of Nigeria Q3 2020 Results Review: Neutral Rating Maintained Despite Strong Results

Culled—Proshare February 10, 2020 By FBNQuest Research Target price now 15% higher We have adjusted upwards our earning forecasts for Flour Mills of Nigeria (FMN), following stronger-than-anticipated recoveries in the flour and agro-allied businesses in Q3 2020 (end-Dec). PBT for food – which mostly includes flour and had declined by […]