By Yakubu LAAH InvestAdvocate Click here to download Fidelity Bank Plc Half-Year 2017 Audited Report Lagos (INVESTADVOCATE)-Lender Fidelity Bank Plc said on Wednesday its pretax profit for the half-year (H1) ended June 30, 2017 increased 66.7 percent to N10.22 billion from N6.13 billion posted a year ago. Profit after tax […]
Results & Dividends
Stanbic IBTC Holdings Q2 2017 Results: Shares Outperformed the Index
Culled—Proshare 29/8/2017/FBNQuest Research Event: Stanbic IBTC Holdings reports Q2 2017 results Implications: Upward revsions to consensus earnings forecasts likely Positives: PBT and PAT up 94% y/y and 169% y/y respectively Negatives: Significant spike in loan loss provisions; opex also up by double-digits This morning, Stanbic IBTC (Stanbic) published its Q2 2017 results which […]
Flour Mills of Nigeria: Core Momentum Inspires Fresh Upside
Culled—Proshare 29/8/2017/ ARM Research The stone the builders rejected… Prior to the FX-induced equity rally in Nigeria, the food sub-sector bore the brunt of a challenging macro-economic environment as investors priced in effects of constrained consumer income, naira depreciation and high interest rate on the performance of food producers. The […]
