April 19, 2018 By InvestAdvocate Lagos (INVESTADVOCATE)-Soap and detergent producer, Unilever Nigeria Plc on Thursday said its pretax profit for the first quarter (Q1) period ended March 31, 2018 increased 80 percent to N3.92 billion from N2.18 billion declared a year ago. Likewise, post-tax profit soared 80.9 percent to N2.89 […]
Results & Dividends
Lafarge Africa Plc – One-Offs Weighed On Q4 2017 Earnings
Culled—Proshare April 19, 2018/FBNQuest Research Material cuts to our 2018-19E EPS forecasts and price target Similar to Q3 2017, Lafarge Africa’s (Lafarge) Q4 2017 results surprised negatively due to an impairment loss of N20.4bn taken on fixed assets and one-off related costs of N10.4bn. On its Q4 conference call, management […]
GTBank Q1 2018: Fee and Trading Income Aids Q1 Earnings
Culled—-Proshare April 19, 2018/ARM Research Guaranty Trust Bank (GTB) first quarter result was quite impressive as strong growth in fee and trading income as well as lower provisioning saved the day for PBT which expanded 4.8% QoQ to N52.6 billion. Irrespective, higher payment to the taxman (+50% QoQ) dragged EPS […]
