May 2, 2025/CSL Research Financial Highlights: Revenue: +38.1% y/y to ₦56.00Bn Cost of Sales: +32.7% y/y to ₦41.75Bn OPEX: +34.7% y/y to ₦8.18Bn EBITDA: +82.3% y/y to ₦7.82Bn Operating Profit: +100.8% y/y to ₦6.83Bn Profit before Tax: -44.2% y/y to ₦5.04Bn Stock Rating: BUY, Target Price: ₦46.34/s To read full […]
Results & Dividends
Nascon Allied Industries Plc Q1-25 Update: Solid Start Reinforces Growth Story
May 2, 2025/Cordros Report NASCON delivered a strong start to the year in Q1-25, with impressive growth across top line and bottom line. The solid performance reflects successful pricing actions and deeper market reach, especially in the Northern region. This early momentum supports our positive view for the rest of […]
Zenith Bank Plc Q1-25: Core Strength Drives Resilient Earnings
May 2, 2025/Cordros Report Zenith Bank Plc (ZENITHBANK) published their Q1-25 unaudited results at the close of business on Wednesday (30 April), reporting a 20.7% y/y expansion in profit after tax to NGN311.83 billion. The preceding was driven by the growth in interest income (+71.5% y/y), which offset the lower […]

