Facebook earnings include ‘nightmare guidance’ 26/7/2018/MartketWatch By MaxA. Cherney Tech reporter Facebook Inc. is evidently not bulletproof. On Thursday, Facebook FB, -18.96% lost about $120 billion in market capitalization, after its earnings report after the market close on Wednesday missed expectations on revenue and showed slowing user growth. Weak guidance […]
Results & Dividends
Oando Defies Odds, Declares N8.5 Billion PAT in H1 2018
July 26, 2018/Oando Plc Oando continues to defy skeptics as the company recorded N8.5 billion profit-after-tax (PAT) in its half-year ended June 30, 2018 (H1 2018) results. The impressive result comes in the wake of increase in the price of oil and gas commodities. With each announcement the Company has […]
DANGSUGAR H1 2018 Results- Losing Competitiveness to Border Sneak
Culled—Proshare July 26, 2018/ARM Research Dangote Sugar Refinery (DSR) earnings in first half 2018 result declined 25.6% YoY to N12.7 billion (ARM forecast: N12.1 billion) and translating to an EPS of N1.07 (vs. N1.43 in H1 17). Expectedly, the slump in earnings in H1 18 stemmed from lower revenue (-29.2% […]
