24/10/2018/Cordros Report Update: Over 9M-18, OKOMU reported a 13.3% y/y growth in earnings, buoyed by sharp decline in COGS amidst relatively flat revenue and lower effective tax rate. We have revised our revenue estimate for 2018E slight lower to NGN20.86 billion (from NGN21.1 billion) to reflect weaker performance in Q3. […]
Results & Dividends
Access Bank Plc 9M 2018, Financial Result Update
24/10/2018/Cowry Asset Kindly Click here to download the 9M 2018, Financial Result Update of Access Bank Plc.
Okomu Oil Q3 2018 result highlight: Cost Efficiency Supports PBT Performance
October 23, 2018/InvestmentOne Report · Declining Top line : down 33.07% q/q, 8.89% y/y. · Improved gross profit margin: up 696bps q/q; 1552bps y/y. · Volatile opex/sales ratio: up 1214bps q/q; down 44bps y/y. · Mixed PBT performance : down 40.08% q/q; 30.42% y/y. Last Friday, Okomu Oil Palm Plc […]
