May 2, 2025/InvestmentOne Report Gross Earnings Increase Marginally: In Q1:2025, First Holdco Plc grew gross earnings marginally by 1.73% YoY to NGN742.94bn. This was primarily driven by improved income from core business as interest income expanded by 37.43% YoY to NGN625.28bn, constituting 84.16% of gross earnings in the period. The […]
Results & Dividends
Nestle Nigeria Plc: Impressive Revenue Growth Powers Profitability Turnaround
May 2, 2025/InvestmentOne Report Revenue Growth Drives Impressive Profitability Recovery: In its Q1:2025 results, Nestlé Nigeria demonstrated robust revenue growth of 60.71% YoY to NGN294.88 billion from NGN183.48 billion in Q1:2024. This strong topline performance significantly outpaced the 30.31% increase in cost of sales to NGN175.16 billion, resulting in an […]
Dangote Sugar Refinery Plc Q1-25: Elevated Costs Weigh on Margins and Profitability
May 2, 2025/Cordros Report Dangote Sugar Refinery Plc (DANGSUGAR) released their Q1-25 unaudited financials after market close on Wednesday (30 April), reporting a loss per share of NGN1.95 (vs loss per share of NGN5.68 in Q1-24). The narrower loss reflects some moderation in FX-related pressures, though still weighed heavily by […]
