In Your Interest
June 4, 2019/Cordros Report Event: On Saturday, PRESCO published Q4-18 and Q1-19 results, which showed weak core operating performance. Over 2018FY, despite an improved gross profit margin, the company’s EPS dipped by 25% y/y, due to the negative impact of biological asset revaluation (loss of NGN2.6 billion vs. NGN374 million […]
May 31, 2019/SEC The Securities & Exchange Commission (‘’the Commission’’)wishes to inform shareholders of the defunct Skye Bank Plc that unclaimed dividends declared by the bank are being held in trust on their behalf. Investors that have unclaimed dividends are therefore advised to contact Cardinalstone Registrars to process their dividend […]
Culled—Proshare May 30, 2019 By FBNQuest Research -34% reduction to our 2019-21E EPS estimates Total Nigeria (Total) posted a loss after tax of –N474m, the first quarterly loss reported by the firm in over a decade. Similar to Q4 results which were disappointing, the driver behind Q1 losses was elevated […]