Results & Dividends

Investors Commend Conoil, Approve N2.15 Billion Dividend

August 11, 2017/Conoil Plc Shareholders of frontline oil products marketer, Conoil Plc, have commended the management and Board of the company for the impressive performance it recorded in the last financial year. At the company’s 47th annual general meeting held at the weekend in Uyo, Akwa Ibom State, the shareholders applauded the Board and management for their […]

First Glance: Impressive Growth in Gross Earnings Masks Surge in Credit Loss Provision, EPS Ahead of Consensus’

August 11, 2017/Cordros Research Click here to download full PDF copy of Report Zenith Bank Plc (ZENITHBANK) released audited H1-17 results yesterday, reporting double-digit growth across most line items – gross earnings surged 77.10% y/y, supported by impressive growth in interest income (+44.57% y/y) and non-interest income (253.80% y/y). Accordingly, […]

Zenith Bank Plc Q2 2017 Results: Initial Impression

August 11, 2017/InvestmentOne Research NIGERIA | EQUITIES | BANKING | ZENITH BANK PLC Q2 2017 results highlight: Surge in loan impairment charges weighs on gains from FX trading ·         Net interest income of N68.36bn, down  -3.2% q/q; -0.7% y/y ·         Profit before tax of N47.98bn, up +8.6% q/q; +120.3% y/y […]