August 16, 2019/Cordros Report The bank recently released its audited H1-19 results, which was generally in line with our expectations of gross earnings pressure but improved profitability. Interestingly, the bank, which was seemingly in breach of the new statutory limit for LDR of 60.0% as at Q1-19, is no longer […]
Results & Dividends
GTBank Says H1 2019 PAT Up +3.72%
August 16, 2019/Cowry Asset Kindly Click here to download H1 2019, Financial Result Update of GTB Plc.
Okomu Oil Palm Plc H1 2019 Results: Weaker Prices Continue to Pressure Earnings.
August 9, 2019/InvestmentOne Report § Volatile top line: up 2.95% q/q, down 22.36% y/y. § Stable gross profit margin: up 22bps q/q; 77bps y/y. § Mixed Opex to sales ratio: down 480bps q/q; up 1699bps y/y. § Uninspiring Profit Before Tax: up 22.70% q/q; down 47.30% y/y. Recently, Okomu Oil […]
