…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% […]
Results & Dividends
DANGSUGAR Reports PAT of N26.5 Billion in Q3, 2017
By InvestAdvocate Lagos (INVESTADVOCATE)-Sugar refiner, Dangote Sugar Refinery Plc said on Thursday its profit after tax (PAT) for the period ended September 30, 2017 appreciated 162.1 percent to N26.5 billion from N10.1 billion posted a year ago. Profit before tax (PBT) also grew 149.7 percent to N38.2 billion from N15.3 […]
Nigerian Breweries Q3-17 PAT; Broad Underperformance
October 26, 2017/Cordros Research NB released Q3-17 result earlier today. In our view, NB’s performance during the three months period was broadly disappointing. Although revenue grew 12.8% y/y, it was below our estimate by c.9%. PAT on the other hand, was down 75% y/y, and 97% below our estimate on […]
