Results & Dividends

Dangote Cement Plc: Group Records 8% Y/Y Decline in Q3-18 PAT

October 22, 2018/Cordros report DANGCEM just published 9M-2018 results with Group Q3-18 EBITDA growing by a marginal 0.7% y/y while net profit was lower by 8% y/y. Revenue grew by 6% y/y on 10% increase in sales volume. For the three months ended September, gross margin was 130bps lower y/y […]

Zenith Bank Plc Q3 2018 Initial Impression: Surprising Boost in Net-Interest Income

19/10/2018/InvestmentOne Report   Net interest income of N74.6billion, up 28.4% q/q; up 19.2% y/y Non-interest income of N42.0billion, down 37.3% q/q, down 18.1% y/y Profit before tax of NN59.9billion, up 12.4% q/q; down 0.7% y/y Profit after tax of N62.4billion, up 80.17% q/q; up 15.8% y/y  Zenith Bank published its […]