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 […]
Results & Dividends
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 […]
Stanbic IBTC Holdings: Q1 2017 Results: Key Highlights
April 24, 2017/InvestmentOne Research Stanbic released its Q1 2017 results earlier today. Please find key highlights of the Q1 2017 results below: · Net interest income of N18.9bn, up +0.6% q/q; +79.0% y/y · Profit before tax of N18.6bn, up +61.7% q/q; +81.8% y/y · Profit after tax of N16.1bn, […]
