August 3, 2017/Reuters MTN Group, Africa’s biggest mobile phone operator, returned to first-half profit on Thursday, marking a move away from a turbulent 2016 that highlighted the risks of the company’s emerging markets strategy. The results were bolstered by the absence of charges related to a $1.1 billion fine imposed […]
Results & Dividends
CCNN Plc – Strong H1 Earnings Amidst Pricing Boost
Culled—Proshare 2/8/2017/Vetiva Research · Topline up 31% y/y, 4% ahead of estimates · EBIT margin remains healthy amidst decline in operating expenses · Revenue to be further supported by pricing · Tax rate adjusted lower to reflect H1’17 run rate · Target price unchanged at N7.88 Bottom line lifted by […]
Presco Plc Q2 2017 Results: Key Highlights
August 2, 2017/InvestmentOne Research Presco released its Q2 2017 results earlier today. Please find key highlights of the Q2 2017 results below: · Revenue of N5.7bn, down -21.2% q/q; up +30.4% y/y · Profit before tax of N2.6bn, down -49.1% q/q; up +10.1% y/y · Profit after tax of N1.7bn, […]
