September 7, 2017/Cowry Asset Zenith Bank Records Very Good Performance Relative to the industry, Zenith Bank Plc recorded a very good performance for H1 2017. Taking into consideration relevant ratios, we arrived at a ‘BB’ rating. Asides its performance, given an upside of 18.54% to its target price, we recommend a […]
Results & Dividends
PZ Cussons Nigeria: Impressive Q4-17 Result Caps Solid 2017FY Performance
September 7, 2017/Cordros Research Click here to download full PDF copy of Report PZ released 2017FY and Q4-17 results late yesterday. For the 2017FY, revenue grew by 14.5% while PAT increased by 78.4%. The revenue N79.6 billion slightly beat our N79.1 billion estimate while the PAT of N3.3 billion is […]
PZ Cussons Says 2017 Pretax Profit up 52.83% to N4.81Billion
September 7, 2017 By InvestAdvocate Lagos (INVESTADVOCATE)-Soap and detergent producer, PZ Cussons Nigeria Plc on Wednesday said its pretax profit for the period ended May 31, 2017 surged 52.83 percent to N4.81 billion from N3.14 billion posted a year ago. Profit after tax (PAT) of the company increased 73.10 percent to […]
