November 2, 2018 By InvestAdvocate Lagos (INVESTADVOCATE)-Mid tier lender, Unity Bank Plc on Thursday said its pretax profit for the third quarter (Q3) period ended September 2018 dipped 77.0 percent to N535.6 million from N2.32 billion recorded a year ago. Post-tax profit of the bank also depreciated -76.5 percent to […]
Results & Dividends
Forte Oil Reports N91.3 Billion PAT in Q3’2018
By InvestAdvocate Lagos (INVESTADVOCATE)-Oil marketer, Forte Oil Plc on Wednesday said its post-tax profit for the third quarter (Q3) period ended September 30, 2018 grew 80.1 percent to N9.13 billion from N5.1 billion posted a year ago. Pretax profit of the company also plunged -179.2 percent to N375.9 billion from […]
Flour Mills of Nigeria Plc: A disappointing Q2 and H1 2019 performance
31/10/2018/Cordros report Event: FLOURMILL published H1-19 result late yesterday, with EBITDA and EPS down by 31% y/y and 78% y/y respectively in Q2. The group’s performance in the period was impacted by (1) lower revenue and gross margin, (2) higher OPEX, and (3) significantly lower other income. The aforementioned offset […]
