By InvestAdvocate Click here to download PDF Copy of Report Lagos (INVESTADVOCATE)-Nigeria’s mid-tier lender, Wema Bank Plc said on Tuesday its pretax profit for the half-year (H1) period ended June 30, 2017 jumped 10.4 percent to N1.43 billion from N1.29 billion reported a year ago. Similarly profit after tax (PAT) […]
Results & Dividends
Unilever Nig Plc – First Glance: Better-than-Expected Q2-17 PAT; Upward Revision to Forecasts Likely
July 17, 2017/Cordros Research Click here to download full PDF Report UNILEVER released impressive Q2-17 result on Friday, wherein both revenue and net profit grew by 58% and 3873% y/y respectively. Compared to Q1-17, revenue grew 3.4% while net profit increased by 29.4%. Both the revenue of N22.9 billion and […]
UNILEVER NIGERIA PLC Q2 2017 Results: Initial Impression
July 17, 2017/InvestmentOne Research Q2:2017 results highlight: Strong topline growth buoyed by price increase § Strong sales performance : up +3.43%q/q; up +47.99% y/y § Improved Gross margins : expanded by over +482bps q/q ; +532bps y/y § PBT advanced by over c.+4000% y/y to c.N2.8bn on lower base effect […]
