By InvestAdvocate Lagos (INVESTADVOCATE)-Cement producer, Lafarge Africa Plc has recorded a loss after tax of N2.0 billion in the first quarter (Q1) period ended March 31, 2018 compared to a profit after tax (PAT) of N5.16 billion recorded the same period of 2017. The company posted a loss before tax […]
Results & Dividends
UBA Says Q1 2018 Profit up 6.2%
By InvestAdvocate Lagos (INVESTADVOCATE)-Africa’s global lender, the United Bank for Africa Plc (UBA) said on Monday its profit after tax (PAT) for the period ended March 31, 2018 climbed up 6.2 percent to N23.73 billion from N22.35 billion recorded a year ago. Profit before tax (PBT) grew 4.3 percent to […]
Lafarge Africa Plc Reports a Pretax Loss of N2.9bn in Q1 2018 Results
Culled—Proshare April 23, 2018/FBNQuest Research Event: Lafarge Africa reports Q1 2018 results Implications: Downward revision to consensus 2018E PBT forecasts likely; shares expected to sell-off Positives: No obvious positives Negatives: Lafarge reported a pretax loss of –N2.9bn, driven by a combination of gross margin contraction and spike in opex and […]
