Results & Dividends

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 […]

Dangote Cement Q3 2018 Result Highlight: Fairly Decent Performance.

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 […]

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 […]