Results & Dividends

Dangote Sugar PLC 9M 2019 Earnings : Sustained Cost Pressure Weighs On Profit

Culled—Proshare October 29, 2019/CSL Research Dangote Sugar in its recently released 9M 2019 financials reported 0.6% y/y rise in Revenue to N117.4bn in 9M 2019 from N116.8bn in 9M 2018. However, on a q/q basis, Revenue dipped 12.2% q/q to N37.1bn in Q3 2019 from N42.2bn in Q2 2019. However, […]

Earnings Review: A Look Back to Prepare for the Road Ahead

October 29, 2019/Mastercard Sachin Mehra If you closely follow our company or are a frequent reader of this post, some of what I share today may seem familiar. After all, it was only a few weeks ago that we met with many of you at our investor day. In that […]

Losses in MTNN and Banking Names Drive ASI Down -0.53%

October 29, 2019/InvestmenbtOne Report The Nigerian equities market closed negative today as NSE-ASI lost 0.53% to close at 26,244.39pts. However, market breadth index was positive with 13 gainers against 10 losers.                                                                                                                                                                              REDSTAREX (+9.88%) led the gainer’s chart while CHAMS (-4.35%) was the top loser today .   FCMB was the most actively […]