Culled—Proshare August 14, 2017/ARM Research Zenith Bank Plc. (Zenith) released audited H1 2017 result with its numbers showing a two-fold YoY increase in EPS to N2.40 largely supported by surprise FX trading income and FX revaluation gains. In addition, the bank declared an interim dividend of 25kobo— unchanged from last […]
Results & Dividends
Zenith Bank Plc – Earnings Beat as FX Income Spike Dwarfs Huge Provision
Culled—Proshare August 14, 2017/Vetiva Research • High interest rate environment lifts top line despite flat loan growth • Elevated OPEX and Interest cost persist • Provision in Power and Telecom assets pressure asset quality Marked deviations from estimates as earnings beat ZENITHBANK released its audited H1’17 result posting marked deviations […]
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 […]
