Culled—-Proshare October 23, 2017/Vetiva Research · Records 45% y/y increase in PAT to ₦193 billion · Coal usage across plants now over 50% · Noticeable downtrend in quarterly performance amidst low volume roll out · Valuation revised, TP cut to ₦234.90 Strong Prices Continue to Drive Impressive Revenues DANGCEM reported […]
Results & Dividends
Fidelity Bank Grows Profit by 65.1% As Profit before Tax Hit N16.2bn in Q3, 2017.
October 23, 2017/Fidelity Bank Plc Following its impressive half year audited financial results, top Nigerian bank, Fidelity Bank has again posted another impressive financial performance for the 9 months period ended September 30, 2017. Details of the lender’s 9 months financial results, released at the Nigerian Stock Exchange (NSE) today […]
Lafarge Q3-17: A Whooping Loss After Tax
October 23, 2017/Cordros Research LAFARGE released Q3-17 result late on Friday, showing revenue growth of 28.2% y/y, and a loss after tax of N18.8 billion which almost erased the N19.73 billion profit reported as at H1. The revenue of N68.8 billion was well above our N53.3 billion estimate (and consensus […]
