October 23, 2018/InvestmentOne report § Mixed performance in Turnover: down 0.74% q/q, up 17.51% y/y. § Declining gross margin performance: down 270 bps q/q, 130 bps y/y. § Increasing Opex/Sales ratio: up 495bps q/q, 256bps y/y. § Declining PBT: down 19.85% q/q, 4.30% y/y. DANGCEM published its Q3 2018 results […]
Results & Dividends
Access Bank Plc: Impressive PAT growth in Q3-18
October 23, 2018/Cordros Report ACCESS released its 9M-18 account late yesterday, showing 37% y/y and 33% q/q growth in EPS to NGN0.80 in Q3-18. In the 9-months period, PAT was up 12% y/y, at NGN62.91 billion. Mixed performance across income lines: Gross earnings grew 3%, supported by a surge in […]
GTBank Reports N164.2 Billion Pretax Profit in Q3 2018
October 23, 2018 By InvestAdvocate Lagos (INVESTADVOCATE)-Nigeria’s top tier lender, Guaranty Trust Bank Plc (GTBank) said its pretax profit for the third quarter (Q3) period ended September 30, 2018 climbed up 9.5 percent to N164.2 billion from N150.0 billion recorded a year ago. Similarly, post-profit increased 13.3 percent to N142.2 […]
