Culled—Proshare August 24, 2017/Cardinalstone Research In this report, we provide an update on Dangote Sugar Refinery Plc following the release of its impressive H1’17 results. Following adjustments to our projections, we have revised our target price (TP) to N14.45 (previous: N9.78) and retain our HOLD rating on the counter. Our […]
Results & Dividends
Ecobank Makes N389 Billion In Six Months
August 24, 2017/ETI Ecobank Transnational Incorporated (ETI) made impressive results in all the key financial indices for the half year ended 30 June 2017. The audited results released to the Nigerian Stock Exchange (NSE) yesterday showed that the pan African bank recorded gross earnings of N389 billion for the H1 in […]
UBA Delivers Stellar Performance in Half-Year 2017, Grows Profit by 66%
…………Declares N0.20 Per Share Interim Dividend …………..African Subsidiaries Contribute 32% of the Group’s Earnings August 24, 2017/UBA Plc The Pan African financial institution, United Bank for Africa (UBA) Plc has announced its audited half year financial results ended June 30, 2017, showing remarkable performance across major metrics. UBA grew its […]
