Culled—Proshare July 31, 2019/ARM Research Earnings remain pressured Last week, The Okomu Oil Palm Plc released its second quarter 2019 result wherein it reported 38.4% YoY decline in EPS to N1.60 emanating from lower CPO prices and higher operating cost (+26.7% YoY to N1.9 billion) over the period. Factoring the […]
Results & Dividends
Sterling Bank Post-Tax Profit Drops -8.9% to N5.66 Billion in H1 2019
July 31, 2019 By InvestAdvocate Lagos (INVESTADVOCATE)- Sterling Bank Plc said on Wednesday its post-tax profit for the half year (HI) period ended June 30, 2019 dropped -8.9 percent to N5.66 billion from N6.21 billion posted a year ago. While pretax profit depreciated 5.7 percent to N6.00 billion from N6.36 […]
Unilever Nigeria H1 2019: Slight Performance Boost from Q1 2019
July 31, 2019/InvestmentOne Report · Mixed topline performance: up 21.76% q/q, down 1.70% y/y · Lower gross profit margin: up 1181bps q/q, down 416bps y/y · Opex/sales ratio at 21.03%; up 868bps q/q, down 295bps y/y · Profit before tax of N2.67billion in Q2 2019 against N2.03billion in Q1 2019 […]
