Culled—-Proshare April 27, 2018/FBNQuest Research Event: Total Nigeria reports Q1 2018 results Implications: Neutral to slightly negative reaction by the market likely Positives: Q1 sales and PBT both up 13% q/q and 24% q/q respectively Negatives: Relatively weak y/y trend across key P&L lines Late yesterday, Total Nigeria (Total) published […]
Results & Dividends
UAC-PROP Reports N899.62 Million Loss in Q1 2018
April 26, 2018 By InvestAdvocate Lagos (INVESTADVOCATE)-UAC Property Development Company Plc (UPDC) on Thursday reported a loss of N899.62 million in the first quarter (Q1) period ended March 31, 2018 compared to N1.19 billion posted a year ago. The company also recorded a loss before tax (LBT) of N745.49 million […]
Access Bank: Unimpressive Q1-2018 performance; higher opex and impairment charges outweigh topline growth.
April 26, 2018/Cordros Report Access Bank plc released Q1-2018 results yesterday, showing a decline in its pre and post-tax profits from the same period in the previous year, by 0.57% and 1.30%, to NGN27.44 billion and NGN22.12 billion, respectively. Notably, following revision in operating expenses in the previous year, 2017’s […]
