Results & Dividends

FCMB Sustains Performance with N177.4bn Revenue, Achieves 73% Profit Increase

Culled—Proshare March 29, 2019/FCMB Group FCMB Group Plc has released its financial results for the year ended December 31, 2018, reporting a gross revenue of N177.4 billion, an increase of 4.3% compared to the N169.9 billion for the same period in 2017. In addition, profit before tax (PBT) rose by […]

Unity Bank Reports N1.27 Billion Post-Tax Profit in in 2018

March 29, 2019 By InvestAdvocate Lagos (INVESTADVOCATE)-Mid tier lender, Unity Bank Plc on Friday said it recorded a profit after tax (PAT) of N1.27 billion for the full year period ended December 31, 2018 compared to a loss of N14.92 billion posted a year ago. The bank also declared a […]

PZ Cusssons Nigeria Q3 2019: Loss Before Tax On The Back Of Weak Margin And Higher Operating Expenses

•     Lower gross profit margin: down 339bps q/q; 766bps  y/y. •     Higher opex/sales ratio: up 558bps q/q; 269bps y/y. •     A loss before tax of N414million in Q3 2019 against a profit before tax of N1.56billion in Q2 2019 and a profit before tax of N1.10billion in Q3 2018.  March 29, […]