Culled—Proshare April 25, 2017/FBNQuest Research Event: Diamond Bank reports Q4 2016 results Implications: Neutral reaction expected by the market Positives: Funding income up 19.1% y/y to N28.8bn Negatives: Loss after tax of c. N1bn largely driven by a negative result on the other comprehensive income line Late yesterday, Diamond Bank […]
Results & Dividends
DIAMOND BANK PLC Q4 2016 Results: Key Highlights
April 24, 2017/InvestmentOne Research Diamond Bank released its Q4 2016 results earlier today. Please find key highlights of the Q4 2016 results below: · Net interest income of N28.8bn, up +1.3% q/q; +19.1% y/y · Profit before tax of N1.8bn against a -N6.6bn loss before tax in Q3 2016 and […]
Nigerian Breweries Plc | Q1-2017: Price Hike; Good Start to the Year
April 24, 2017/Cordros Research Click here to download full PDF Report In our view, NB’s reported Q1-17 result impressed on two main fronts: (1) 18% y/y revenue growth and (2) 255 bps q/q expansion of gross margin. Both were ahead of Cordros’ (+3% y/y and +38 bps q/q respectively) and […]
