By InvestAdvocate Lagos (INVESTADVOCATE)-Nigeria’s most capitalised quoted company, Dangote Cement Plc said on Tuesday its profit after tax (PAT) for the period ended March 31, 2018 grew 29.1 percent to N72.12 billion from N55.86 billion recorded a year ago. Similarly, profit before tax (PBT) increased 40.2 percent to N108.40 billion […]
Results & Dividends
Nigerian Breweries Reports Q1 2018 Results – PBT and PAT Declined By -13% and -11% YoY Respectively
Culled—Proshare April 24, 2018/FBNQuest Research Event: Nigerian Breweries reports Q1 2018 results Implications: Neutral reaction expected from the market Positives: Gross margin expanded 126bps y/y Negatives: PBT and PAT down -13% y/y and -11% y/y respectively Late yesterday, Nigerian Breweries (NB) published its Q1 2018 results which showed that sales […]
Stanbic IBTC Holdings – No Change In View Given Underlying Q1 2018 Results
Culled—Proshare April 24, 2018/FBNQuest Research Limited changes to earnings forecast and valuation Following Stanbic IBTC Holdings’ (Stanbic) Q1 2018 results, we have made modest changes to our forecasts going forward. Although the bank’s PBT beat our forecast by 33%, we have not carried forward the full extent of this positive […]
