Results & Dividends

Zenith Bank: Decline in Income Lines Weigh on Q2-2018 Performance

August 6, 2018/Cordros Report Update: Zenith Bank Plc released Q2-2018 result this afternoon, showing a decline across major income lines, which resulted in a 34.25% y/y and 9.56% q/q drop in Gross earnings. Interest income was 40.31% down from the corresponding period last year, and lower by 39.66% q/q. The […]

Zenith Bank Says H1 2018 Pretax Profit Up 16.46% to N107.36 Billion

August 6, 2018 By InvestAdvocate Lagos (INVESTADVOCATE)-Nigeria’s top tier lender Zenith Bank Plc on Monday said its pretax profit for the half-year (H1) period ended June 30, 2018 grew 16.46 percent to N10.7.36 billion from N92.18 billion recorded a year earlier. Post-tax  profit of the lender for the review period […]

Nigerian Breweries H1 2018 Results: PBT Performance Continues To Reflect The Challenging Operating Environment.

August 2, 2018/InvestmentOne Report Mixed topline performance: up 8.11% q/q, down 0.03% y/y. ·         Contracted gross profit margin: down 339bps q/q, 300bps y/y. ·         Higher opex/sales ratio: up 232bps q/q, up 230bps y/y. ·         Declining Profit before tax: down 19.34% q/q, down 33.18% y/y.  Nigerian Breweries Plc’s published Q2 2018 […]