Results & Dividends

UNILEVER Q2 2018 Results: Sales Grew By 9.0% YoY to N22.3bn

Culled—Proshare July 20, 2018/FBNQuest Capital Research  Event: Unilever Nigeria (Unilever) reports Q2 2018 results  Implications: Unilever’s profitability has improved y/y with Q2 PBT and PAT both up 38% y/y and 99% y/y respectively. However, on an annualised basis, H1 PBT of N7.5bn is broadly in line with consensus PBT estimate […]

ETI Says H1 2018 Post-Tax Profit Up 36.6% to N51.5 Billion

July 19, 2018 By InvestAdvocate Lagos (INVESTADVOCATE)-Pan-African lender, Ecobank Transnational Incorporated (ETI) on Thursday said its  profit after tax for the Half-Year (H1) period ended June 30, 2018 grew 36.6 percent to N51.55 billion from N37.73 billion recorded a year ago. Pretax profit of the pan-African lender, also appreciated 40.8 percent […]

QNB Group Post $1.9 Billion Net Profit in H1 2018

July 16, 2018 By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-QNB Group, the largest financial institution in the Middle East and Africa (MEA) region, said its Net Profit reached QAR7.1 billion (USD1.9 billion), up by 7.0 percent in its six months (H1) period ended 30 June 2018  compared to last year. QNB […]