Culled-Proshare October 26, 2017/FBNQuest Research Event: Dangote Sugar Refinery reports Q3 2017 results Implications: Positive reaction by the market likely Positives: Q3 PBT and PAT of N14.0bn and N9.4bn up 236% y/y and 244% y/y respectively; gross margin expanded 2153bps y/y to 32.9% Negatives: Sales were flattish y/y at N44.4bn Dangote […]
Results & Dividends
Access Bank Plc Records Slightly Weak Revenues in Q3 2017 Results
Culled—Proshare October 26, 2017/FBNQuest Research Event: Access Bank reports Q3 2017 results Implications: Muted reaction from the market likely Positives: Lower-than-expected loan loss provisions; significant OCI gains Negatives: Slightly weak revenues Access Bank’s Q3 2017 results which have just been published show that PBT of N20.9bn was down -17% y/y due to […]
FBN Holdings Declares N55.4 Billion PAT in Q3 2017
…as Folake Ani-Mumuney Appointed Non-Executive Director October 26, 2017/FBN Holdings FBN Holdings Plc. (“FBNH” or “FBNHoldings” or the “Group”) today announces its unaudited results for the nine months ended 30 September 2017. Income Statement Gross earnings of N2billion, up 5.2% year-on-year(y-o-y) (Sept 2016: N417.4 billion) Net-interest incomeof N3billion, up 25.3% […]
