Results & Dividends

GSK Nigeria to pay N8.97b special dividend to shareholders

March 20, 2018/The Nation Taofik Salako GlaxoSmithKline Consumer Nigeria (GSK) Plc will distribute a total of N8.97 billion as dividend to shareholders for the 2017 business year. The board of directors of GSK yesterday indicated that it has approved the payment of N8.49 billion as special dividend and N478.4 million […]

Cadbury Nigeria Plc First Glance: Better-than-expected Q4-17 earnings salvage 2017FY

March 19, 2018/Cordros Report 2017FY update: CADBURY published Q4-17 and 2017FY results today. For the full year, revenue grew by 10.3% while EBIT, PBT, and PAT of NGN711 million, NGN350 million, and NGN300 million were reported, vs. losses in 2016FY. Net earnings was in loss (NGN64.5 million) as at 9M-17. […]

By InvestAdvocate Lagos (INVESTADVOCATE)-Construction giant, Julius Berger Nigeria Plc on Monday reported a profit after tax (PAT) of N2.57 billion for the period ended December 31, 2017 compared to a loss of N2.39 billion recorded a year earlier. The company recorded a pretax profit of N3.73 billion compared to a […]