October 18, 2018/InvestmentOne Report § Mixed Turnover: down 11.81% q/q, up 4.62% y/y § Mixed Opex/sales ratio: up 651 bps q/q, down 18 bps y/y. § Mixed gross margin performance: down 188 bps q/q, up 423 bps y/y. § Mixed Net Finance Cost: down 20% q/q, up 47% y/y. Lafarge […]
Results & Dividends
ZENITHBANK Impressive Q3-18 Result, with Boost from Tax Credit
October 18, 2018/Cordros Report ZENITHBANK just published September 2018 results, with EPS growth of 16% y/y and 80% q/q to NGN1.99 in Q3-18. In the 9 months of the year, the bank’s profit has grown by 12% y/y to NGN144.18 bn. The 1% y/y uptick in Q3-18’s gross earnings was […]
Zenith Bank Says Q3 2018 Pretax Profit Up 9.67% to N177.3 Billion
October 18, 2018 By InvestAdvocate Lagos (INVESTADVOCATE)-Nigeria’s top tier lender Zenith Bank Plc on Thursday said its pretax profit for the third quarter (Q3) period ended September 30, 2018 grew 9.67 percent to N167.3 billion from N152.5 billion recorded a year earlier. Post-tax profit of the lender for the review […]
