Oando Marks Third Consecutive Year of Profit April 1, 2019/Oando Oando PLC has once again demonstrated its ability to deliver good results and create value for shareholders. The indigenous oil company on Friday, March 29, published its financial results for the full year ended, December 31, 2018. Despite a challenging […]
Results & Dividends
Unilever Nigeria Plc: Cost Pressures Weigh on Q4-18 Earnings
April 1, 2019/Cordros Report Event: UNILEVER published Q4-18 and 2018FY results after close of market on Friday, showing net profit declined by 26.8% y/y in Q4. Net profit was weighed by a surge in input costs, which significantly outpaced tame revenue growth, and higher operating expenses. The board has proposed […]
Oando Says 2018 Profit up +45.64% to N28.79 Billion
April 1, 2019 By InvestAdvocate Lagos (INVESTADVOCATE)-Oil marketing firm, Oando Plc said on Monday its profit for the year ended December 31, 2018 rose 45.64 percent to N28.79 billion from N19.77 billion declared a year ago. Profit before tax (PBT) of the company declined -46.12 percent to N11.18 billion from […]
