May 2, 2025/Cordros Report Dangote Sugar Refinery Plc (DANGSUGAR) released their Q1-25 unaudited financials after market close on Wednesday (30 April), reporting a loss per share of NGN1.95 (vs loss per share of NGN5.68 in Q1-24). The narrower loss reflects some moderation in FX-related pressures, though still weighed heavily by […]
Results & Dividends
UAC of Nigeria Plc Q1 2025: Absence of FX Revaluation Gains Shrinks Bottom-Line Profitability
May 2, 2025/CSL Research Financial Highlights: Revenue: +38.1% y/y to ₦56.00Bn Cost of Sales: +32.7% y/y to ₦41.75Bn OPEX: +34.7% y/y to ₦8.18Bn EBITDA: +82.3% y/y to ₦7.82Bn Operating Profit: +100.8% y/y to ₦6.83Bn Profit before Tax: -44.2% y/y to ₦5.04Bn Stock Rating: BUY, Target Price: ₦46.34/s To read full […]
Nascon Allied Industries Plc Q1-25 Update: Solid Start Reinforces Growth Story
May 2, 2025/Cordros Report NASCON delivered a strong start to the year in Q1-25, with impressive growth across top line and bottom line. The solid performance reflects successful pricing actions and deeper market reach, especially in the Northern region. This early momentum supports our positive view for the rest of […]
