Results & Dividends

2016: Dangote Flour Mills returns to profitability…posts N12 bn profit

April 12, 2017/Dangote Group Dangote Flour Mills (http://Dangote.com) has posted a profit before tax of N11.82 billion for its financial year ended December 31, 2016. According to the results released on the floor of the Nigerian Stock Exchange (NSE), the company has returned to profitability after four years of losses. […]

SunTrust Bank’s Profit Soars First Year as Commercial Bank

April 12, 2017/SunTrust Bank SunTrust Bank Nigeria Limited (www.SunTrust.com) has released its financial performance for the year ended December 31, 2016 and the results have sent a clear message of determination to succeed and deliver value to all stakeholders. SunTrust Bank began commercial banking activities last with the vision to […]

Dangote Sugar Refinery Plc: Update After Speaking with Management

April 11, 2017/Cordros Research Click here to read full report The management of Dangote Sugar Refinery Plc (DANGSUGAR) hosted earnings call with analysts last week to discuss the company’s performance in 2016, update on recent developments, and provide guidance for 2017. Our key takeaways are presented in this report. We […]