April 25, 2019 By InvestAdvocate Lagos (INVESTADVOCATE)-Dual listed oil marketing major, Oando Plc on Thursday posted an impressive result as it reported profit after tax (PAT) for the first quarter (Q1) period ended March 31, 2018 grew 10.57 percent to N4.63 billion from N4.49 billion recorded a year ago. Pretax […]
Results & Dividends
Guinness Nigeria: Weak Performance Amidst Persisting Challenges
April 25, 2019/Cordros Report Event: GUINNESS published Q3-19 results today, reporting 43.5% y/y decline in EPS, on the back of lower revenue, as well as higher operating expenditure and finance costs. Compared to consensus, the reported EPS missed estimates by 11%, but beat our estimate by 31% due to positive […]
Fidelity Bank Reports Impressive Q1 2019 Pretax Profit of N6.67 Billion
April 25, 2019 By InvestAdvocate Lagos (INVESTADVOCATE)-Lender Fidelity Bank Plc said on Thursday its pretax profit for the first quarter (Q1) ended March 31, 2019 increased 34 percent to N6.67 billion from N4.98 billion posted a year ago. Post-tax profit of the bank rose 28.4 percent to N5.93 billion from […]
