Results & Dividends

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 […]

9M 2018 Report – Fidelity Bank Announces Closed Period From Oct 19, 2018

October 19, 2018/NSE Please refer to Fidelity Bank’s Insider Trading Policy and be advised that all Insiders (including Directors, Staff and members of The Statutory Audit Committee) and their Connected Persons (including immediate family members and close dependants) are prohibited from Trading (i.e. buying, selling, Transferring or otherwise dealing) in […]

Okomu Oil Palm Plc: Disappointing 9M-18, Q1-18 Performance Now a Pie in the Sky

October 19, 2018/Cordros Report OKOMUOIL released Q3-18 result earlier today, showing revenue dropped 9% y/y to NGN3.74 billion, while post tax profit surged 7.2x y/y to NGN1.3 billion, translating to an EPS NGN1.36 (Q3-17: NGN0.17). Whilst revenue came in short of our expectation, we highlight that the sharp jump in […]