October 19, 2017/Cordros Research Click here to download full PDF copy of report Zenith Bank Plc (ZENITHBANK) published Q3-2017 result this afternoon, reporting declines across most line items – gross earnings declined 35.19% q/q and 8.89% y/y – following higher than expected contraction in interest income (-30.96% q/q and +4.54% […]
Results & Dividends
Dangote Cement Q3 2017 PAT; Below Expectation, But Strong
October 19, 2017/Cordros Research Click here to download full PDF copy of report DANGCEM just released Q3-17 result, showing revenue (27.4% y/y), EBITDA (95.1% y/y), and PAT (63.1% y/y) all grew strongly at the Group level. Revenue was below our estimate by 6% while EBITDA (on lower other incomes) and […]
GTB Plc – Market Leading Earnings, PAT Beats Estimate
Culled—Proshare October 19, 2017/Vetiva Research · Earnings beat despite weaker top line · Contained loan loss provision – 44% better than our estimate · Cautious credit stance, loan portfolio declines 10% Earnings beat despite y/y moderation in top line GUARANTY continues to post strong earnings performance with PAT coming in […]
