Results & Dividends

Guinness Nigeria Reports Q4 2017 Results – Gross Margin Contracted by 993bps QoQ to 44.8%

Culled—Proshare September 5, 2017/FBNQuest Research Event:                       Guinness Nigeria reports Q4 2017 (end-Jun) results Implications:        Upward revisions to consensus forecasts expected Positives:              Sales up 11% y/y, PBT and PAT recovered to N5.1bn and N4.5bn from pre-tax and after-tax losses in Q4 2016 respectively Negatives:               Gross margin contracted […]

Guinness Nigeria Reports N125Billion Revenue in 2017 FYE

September 5, 2017/Guinness Nigeria Plc Click here to download full PDF Copy of Result Guinness Nigeria plc today announced a 23% increase in revenue for the full year ended 30 June 2017. The results, which were released to the Nigerian Stock Exchange (NSE), also showed a gross profit of N48.3bn […]

Red Star Express Records N7.3b Turnover, Declares Dividend

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 […]