Culled—Proshare March 7, 2019/Coronation Research Ø GT Bank published FY 2018 results today after market close. Net profits came in 1% below our expectations and in line with market expectations. Net Income was up 10% y/y to N184.6bn (US$513m). Ø GT Bank proposes a total dividend of N2.75/s which (inclusive […]
Results & Dividends
GTBank Reports 10% Growth in 2018 Profit, Offers Offers Investors N2.45 Final Dividend
March 6, 2019 By Pascal Ijeh InvestAdvocate Lagos (INVESTADVOCATE)-Nigeria’s top tier dual listed lender, Guaranty Trust Bank Plc on Wednesday said its profit for the period ended December 31, 2018 increased 10.0 percent to N184.64 billion from N167.91 billion recorded a year earlier. Pretax profit of the bank also appreciated […]
SEPLAT Says Profit Drops -44.7% to N44.86 Billion in 2018 FYE, Offers $0.05 Dividend
March 6, 2019 By InvestAdvocate Lagos (INVESTADVOCATE)- First dual listed Nigerian oil and gas upstream firm, Seplat Petroleum Development Company Plc on Wednesday said its profit for the year ended December 31, 2018 declined -44.7 percent to N44.86 billion from N81.11 billion recorded a year ago. Seplat reported a pretax […]

