April 26, 2017/Cordros Research Click here to download full PDF Report Cadbury Nigeria Plc (CADBURY) published Q1-17 result late yesterday, outperforming our estimate on revenue, but disappointed on earnings. PAT fell by 86.2% y/y, way behind our -47% y/y estimate. Principally, the decline in gross margin, both y/y and q/q, […]
Results & Dividends
Diamond Bank Q4 2016 Results – Loss After Tax Largely Driven by a Negative Result on the OCI Line
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 […]
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 […]
