31/8/2017/JSP Communications One of Nigeria’s leading logistics company, Red Star Express Plc, has posted a turnover of N7.3billion in the year under review which is ten percent (10%) higher than the preceding year. The profit before tax increased from N572million to N653million, while profit after tax also increased from N334.4million […]
Results & Dividends
Stanbic IBTC Holdings Plc H1’17 – Earnings Beat Estimates Despite Higher Provisioning
Culled—Proshare August 31, 2017/Vetiva Research · Top and bottom line beat estimates, PAT doubles y/y · Strong loan and deposit growth defies industry trend · Board declares interim dividend of ₦0.60 per share · TP revised upward to N28.39 (Previous: N25.74) Top and bottom line beat estimates, higher significantly y/y […]
Access Bank: Poised to Outperform in FY-2017, Despite Downward Revision to EPS
August 31, 2017/Cordros Research Click here to download full PDF Copy of Report We update our model, following Access Bank Plc’s (ACCESS) impressive H1-17 result. In line with the improved yields on interest earning assets (+280 y/y bps to 13.10% in H1-17), we have raised 2017F assets yield estimate by […]
