August 1, 2017/InvestmentOne Research Q2:2017 results highlight: Higher pricing and Improved energy mix boosts performance §  Mixed topline growth:  down -1.8% q/q, up +34. 8% y/y §  Resilient opex/sales ratio:  down  -100bps q/q; -520bps y/y §  Improved PAT  performance: up +4.1% q/q; +45.1% y/y  On Friday, DANGCEM published its unaudited […]

Culled—Proshare 31/7/2017/United Capital  Research FBN Holdings Plc (FBNH) released its H1-17 results this afternoon, showing a 7.8% y/y growth in Gross Earnings (GE) from N267.9bn to N288.8bn. PBT and PAT however declined by 22.4% and 17.8% to N35.6bn and N29.5bn respectively. Deposits and loan books contracted by 3.5% and 4.1% […]

July 31, 2017/InvestmentOne Research Forte Oil released its Q2 2017 results earlier today. Please find key highlights below: ·         Revenue of N32.6bn; down -1.1% q/q; -33.1% y/y ·         Profit before tax of N2.7bn; up +31.2% q/q; down -9.2% y/y ·         Profit after tax of N2.2bn; up +18.1% q/q; +74.0% y/y […]