Culled—-Proshare July 28, 2017/Elixir Research NSE First Bank of Nigeria Holding Company (FBNH) Plc recently released its H1- 2017 earnings which showed impairments remain a major issue as the bank booked even more specific charges. In addition, the negative base effect of the Naira devaluation last June hit earnings as […]
Results & Dividends
Nestle Nigeria Plc | First Glance: Q2-17; PAT in Line With Expectation
July 28, 2017/Cordros Research Click here to download full PDF Copy of Report This morning, NESTLE announced Q2-17 PAT of N8.19 billion, (1) compared to a loss of N6.15 billion in Q2-16, (2) below the 8.36 billion reported in Q1-17, and (3) below our N8.51 billion estimate. Compared to Q2-16, […]
FBN Holdings Plc Q2 2017 Results: Initial Impression
July 28, 2017/InvestmentOne Research Q2 2017 results highlight: Loan impairment charges and opex weigh on benefits from the high yield environment · Net interest income of N83.1bn, up +2.7% q/q; + 33.7% y/y · Profit before tax of N15.7bn, down -21.5% q/q; -34.3% y/y · Profit after tax of N13.3bn, […]
