Results & Dividends

Diamond Bank Plc H1 2018 Result: Higher Interest Expense Exacerbates Bad Performance

August 1, 2018/InvestmentOne Report NIGERIA | EQUITIES | BANKING | DIAMOND BANK PLC Q2 2018 results highlight:   ·         Net interest income of N23.08billion, down 1.4% q/q; 11.5% y/y   ·         Non-interest Income of N10.96billion, up 34.8% q/q; 25.4% y/y   ·         Profit before tax of N1.67billion, up 33.1% q/q; […]

Forte Oil Plc H1 2018 Results: Initial Impression

August 1, 2018/InvestmentOne Report NIGERIA | EQUITIES | OIL & GAS | FORTE OIL PLC. H1 2018 result highlight: Poor bottom-line performance following divestment strategy ·         Revenue; up 32.4% y/y. ·         Contraction in gross profit margin; 398bps y/y. ·         Unimpressive PBT performance; down 42.3% y/y.  Yesterday, Forte Oil Plc released […]

Bears Resurface in the Equities Market, Halting Four-Day Bull Run

August 1, 2018 By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-Nigerian Stocks on Wednesday reversed its previous sessions uptrend; as bears resurfaced in the equities market, halting the four-day bull run, with the benchmark dropping 1.09 percent to 39,031.72 points, as investors booked profit on previous gains.  Total volume of trades dipped […]