Culled—Proshare 31/10/2018/CardinalStone Research Dangote Sugar Refinery Plc (DANGSUGAR) 9M’18 results – revenue declined by 28.4% YoY to N116.8 billion – lower than our projected N125.3 billion for the period (-6.8% deviation). In the same vein, after tax earnings slumped 37.0% YoY to N16.7 billion, behind our N17.9 billion estimate (-6.7% […]
Results & Dividends
Fidelity Bank Plc Q3 2018: Lackluster Quarterly Performance Despite Lower Impairment Charges.
30/10/2018/InvestmentOne report Net interest income of N20.1billion, down 4.7% q/q; up 5.3% y/y Non-interest income of N5.5billion, down 12.7% q/q, down 9.4% y/y Profit before tax of N7.1billion, down 12.4% q/q; up 17.2% y/y Profit after tax of N6.3billion, down 10.0% q/q; up 15.9% y/y Fidelity Bank released its Q3 […]
Oando Says Profit Soars 46% to N10.4 Billion in Q3 2018
October 30, 2018 By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-Oil marketing major, Oando Plc on Tuesday reported its post-tax profit for the third quarter (Q3) period ended September 30, 2018 soared 46 percent t0o N10.4 billion from N7.12 billion recorded a year ago. Revenue grew 32 percent to N505 billion from N383.3 […]
