August 1, 2019/InvestmentOne Report Mixed topline performance: up 4.4% q/q, down 3.1% y/y. · Gross profit margin at 42.1%: flat q/q, down 33bps y/y. · Rising opex/sales ratio: up 504bps q/q, 332bps y/y. · Contraction in PBT Margin: down 461bps q/q, 456bps y/y. Nigerian Breweries Plc (NB) released its […]
Results & Dividends
Seplat Q2 2019 Results: One-off Revenue Line Flatters Performance
August 1, 2019/InvestmentOne Report Topline Performance; up 22.66% q/q, 21.13% y/y. Gross profit margin; up 1316bps q/q, 1396bps y/y. OPEX/sales ratio: up 213bps q/q, 785bps y/y. PBT margin performance; up 3957% q/q, 1299% y/y. Seplat revealed its Q2 2019 results and we observed that gas-tolling receipts from NPDC was responsible […]
The Okomu Oil Palm Plc – Earnings Remain Pressured
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 […]
