By Abdulquddus OKELE InvestAdvocate Lagos (INVESTADVOCATE)-Dual listed oil marketing major, Oando Plc late Friday posted an impressive result as it reported profit after tax (PAT) for the period ended December 31, 2017 grew 405 percent to N19.8 billion from N3.9 billion recorded a year ago. Gross profit increased 81 percent to […]
Results & Dividends
FCMB Group Reports Q1 2018 Results – Pre-provision Profits Declined by 24% Q0Q
Culled—Proshare April 27, 2018/FBNQuest Research Event: FCMB Group reports Q1 2018 results Implications: Limited revisions to consensus 2018 PBT forecast. Positives: PBT grew by 64% y/y, driven by strong double-digit growth in funding income Negatives: Pre-provision profits declined by 24% q/q driven by q/q reduction in both revenue lines. This […]
Gemalto Says Q1 2018 Revenue up +8.0% to €650 million
By InvestAdvocate Lagos (INVESTADVOCATE)-Gemalto, the world leader in digital security on Friday said its revenue for the first quarter (Q1) 2018 appreciated 8.0 percent to €650 million at constant exchange rate compared to €651 million posted in the Q1 of 2017, according to an emailed statement from AETOSWire. The world’s digital security […]
