Results & Dividends

CONOIL Post -25.4% Decline Q3’17 in Pretax Profit

By InvestAdvocate Lagos (INVESTADVOCATE)-Oil marketing major, Conoil Plc said on Monday its pretax profit for the period ended September 30, 2017 depreciated 25.4 percent to N2.02 billion from N2.71 billion posted the same period of last year. Post-tax profit for the period of the oil marketing firm, also declined 25..0 […]

Union Bank Says Q3’17 Post-tax Profit Drops -4.63% on Closure of Rights Issue

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 […]

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 […]