Results & Dividends

FBN Holdings Plc Q3 2018: Uninspiring Net Interest Income and Non-Interest Income.

October 27, 2018/InvestmentOne Report Net interest income of N71.8billion, down 2.7% q/q; down 20.4% y/y Non-interest income of N31.0billion, up 13.7% q/q, up 38.0% y/y Profit before tax of N12.5billion, down 37.9% q/q; down 37.1% y/y Profit after tax of N11.4billion, down 39.1% q/q; down 30.1% y/y  FBN Holdings released […]

Dangote Cement Q3 2018 Results Review: 2018E Earnings To Be Boosted by Tax Credit

Culled—Proshare October 26, 2018/FBNQuest  Research   Limited changes to our EPS forecasts and price target:  Although Dangote Cement’s (DangCem) earnings surprised negatively relative to our estimates, we have made limited revisions to our EPS forecasts over the 2018-20E period. Our new price target of N274.5 represents a cut of just 3%. […]

Nigerian Breweries to Pay Investors N4.8 Billion Interim Dividend, Reports N14.8 Billion Profit in Q3’18

October 26, 2018/TPT International The Board of Directors of Nigerian Breweries Plc has approved an interim dividend of N4,798, 141, 231 (four billion, seven hundred and ninety eight million, one hundred and forty one thousand, two hundred and thirty one Naira), that is, 60 (sixty) kobo per ordinary share of […]