Results & Dividends

UBA Says H1 2019 PAT Up 29.6% to N56.74 Billion, Offers 20 Kobo Interim Dividend

August 30, 2019 By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-Africa’s global lender, the United Bank for Africa Plc (UBA) said on Friday its profit after tax (PAT) for the period ended June 30, 2019 appreciated 29.6 percent to N56.74 billion from N43.79 billion recorded a year ago. Profit before tax (PBT) […]

PZ Plc FY2019 Results: Revenue Pressures Weaken Operating Performance

Culled—Proshare August 30, 2019/CSL Research PZ reported a 7.7% y/y decline in Revenue for FY 2019 to N74.3bn from N80.6bn for FY 2018. On a q/q basis, Revenue declined 3.8% to N19.3bn in Q4 2019 from N20.0bn in Q3 2019. Reported Revenue of N74.3bn in FY 2019 missed our 2019 […]

Fidelity Bank Says H1 2019 Post-Tax Profit up 15.55 % to N13.68 Billion

August 30, 2019 By InvestAdvocate Lagos (INVESTADVOCATE)-Lender Fidelity Bank Plc said on Friday its post-tax profit for the half-year (H1) period ended June 30, 2019 increased 15.55 percent to N13.68 billion from N11.84 billion posted a year ago. Pretax profit  of the Bank rose 15.69 percent to N15.05 billion from […]