October 30, 2019/InvestmentOne Report · Turnover: down 44.77% q/q, down 37.27% y/y. · Gross margin performance: down 144bps q/q, up 235bps y/y. · OPEX/Sales ratio: down 52bps q/q, down 995bps y/y. · PBT Margin: down 82bps q/q, up 2151bps y/y. Lafarge Africa published its Q3 2019 results on Monday. The […]
Results & Dividends
Oando Announces YTD September 2019 Results, Posts N13.1 Billion Profit-After-Tax
October 28, 2019/Oando Plc Lagos, Nigeria – Oando PLC (referred to as “Oando” or the “Group”), Nigeria’s leading indigenous energy group listed on both the Nigerian and Johannesburg Stock Exchange, today announced unaudited results for the nine months period ended September 30, 2019. Commenting on the results Wale Tinubu, Group […]
Fidelity Bank 9Months Results: Cost Grows, Provisions Reverse
October 29, 2019/Coronation Report Fidelity Bank released unaudited 9M 2019 results today. Net profits were up 20.2% y/y to N21.5bn (US$59.7m). Net interest income grew 0.1% y/y at N58.3bn (US$161.9m) despite gross loan growth of 26.9% y/y. Net fee and commission income was up 24.4% from the previous year. The […]
