By Abdulquddus OKELE InvestAdvocate Lagos (INVESTADVOCATE)-Union Bank of Nigeria Plc (UBN) on Monday said its post-tax profit for the period ended September 30, 2017 declined 4.63 percent to N12.4 billion from N14.0 billion posted a year ago. Pretax profit of the lender, also dropped 2.09 percent to N12.9 billion from […]
Results & Dividends
Diamond Bank Reported Pre-tax and After-tax Losses of -N4.1bn and -N2.3bn Respectively in Q3 2017
Culled—Proshare October 30, 2017/ FBNQuest Research Event: Diamond Bank reports Q3 2017 results Implications: Downward revisions to consensus PBT forecasts and negative reaction from the market likely Positives: Limited to OCI gains Negatives: The bank reported pre-tax and after-tax losses of -N4.1bn and -N2.3bn respectively Diamond Bank’s (Diamond) Q3 2017 […]
Nestle Nigeria Reports Q3 2017 Results – Net FX Loss of –N6.0bn Offset Strong Underlying Profits
Culled—Proshare October 30, 2017/FBNQuest Research Event: Nestle Nigeria reports Q3 2017 results Implications: Neutral reaction expected by the market Positives: Q3 sales and PBT up 29% y/y and 117% y/y to N63.3bn and N10.0bn respectively; PAT of N6.4bn compare with a loss after tax of –N51m a year ago Negatives: Net […]
