Results & Dividends

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 […]

Stanbic IBTC Holdings Plc H1’17 – Earnings Beat Estimates Despite Higher Provisioning

Culled—Proshare August 31, 2017/Vetiva Research ·         Top and bottom line beat estimates, PAT doubles y/y ·         Strong loan and deposit growth defies industry trend ·         Board declares interim dividend of ₦0.60 per share ·         TP revised upward to N28.39 (Previous: N25.74) Top and bottom line beat estimates, higher significantly y/y […]