April 18, 2018 By InvestAdvocate Lagos (INVESTADVOCATE)-Nigerian lender, Guaranty Trust Bank Plc (GTBank) on Wednesday said its profit went grew 7.7 percent to N44.67 billion in its first quarter (Q1) report for the period ended March 31, 2018 from N41.47 billion posted a year ago. Profit before tax (PBT) of the […]
Results & Dividends
Seplat Plc FY 2017 Results Review- Higher Production Volumes to Drive Top Line Growth
Culled—Proshare April 18, 2018/ Cardinalstone Research SEPLAT released its FY’17 results reporting a 77.9% YoY rise in revenue to $452.2 million which reflects the positive impact of the lift of the force majeure on the Forcados’ terminal. Consequently, the firm made an after-tax profit of $265 million in FY’17, signifying […]
GTBank Reports Q1 2018 Results – Funding Income Declined by 10% YoY
Culled—Proshare April 18, 2018/FBNQuest Research Event: GT Bank reports Q1 2018 results Implications: Slight upward revisions to consensus PBT forecasts likely Positives: PBT and PAT grew by 4% y/y and 8% y/y, thanks to a 52% y/y reduction in loan loss provisions and a 41% y/y growth in non-interest income […]
