By Abdulquddus Okele InvestAdvocate Lagos (INVESTADVOCATE)-Top tier beer producer, Nigerian Breweries Plc said on Thursday its pretax profit for the period ended September 30, 2017 climbed up 23.86 percent to N34.4 billion from N27.7 billion recorded a year ago. Similarly, post-tax profit for the period increased 19.39 percent to N24.0 […]
Results & Dividends
Fidelity Bank Plc Q3 2017 Results Review: Dividends to Support Solid Total Return
Culled—Proshare October 26, 2017/ FBNQuest Research 19% avg. increase to our 2017-18E EPS forecast and price target Fidelity Bank’s (Fidelity) Q3 2017 results came in ahead of our expectations for the third quarter in a row. Opex and funding income in particular helped. Consequently, we have cut our opex forecasts […]
SKYESHELTER Offers N7.20 Final Distribution Per Unit
By Abdulquddus OKELE InvestAdvocate Lagos (INVESTADVOCATE)-Skye Shelter Fund Plc on Wednesday proposed a N7.20 final distribution per unit to unit-holders of the company in its nine-month period ended September 30, 2017 compared to N7.44 paid a year ago. Total income of the company declined 9.3 percent to N148.2 million from […]
