March 22, 2017/Cordros Research Lafarge Africa has just released Q4-2016 and 2016 full year results. The sum of N16.9 billion (from -N37.4 billion in nine months) was reported as end-2016 profit, helped by a daunting N39.7 billion tax credit. Before the tax credit, the loss before tax of N40.4 billion […]
Results & Dividends
Lafarge Africa Says N22.8 Billion Loss before Tax in 2016, Cuts Dividend by 65%
By InvestAdvocate Click here to download Lafarge Africa Plc 2016 audited year end report December 31, 2016 Lagos (INVESTADVOCATE)-Cement producer, Lafarge Africa Plc has recorded a loss before tax of N22.8 billion in the audited year ended December 31, 2016 compared to a profit before tax (PBT) of N29.3 billion […]
Cadbury Nigeria Plc Q4-16 – First Glance: -81.8% y/y PBT; Earnings to Recover in 2017
March 22, 2017/Cordros Research Click here to view full report Cadbury Nigeria Plc (CADBURY) released Q4-2016 and 2016 full year results yesterday. As in 2015, the profit (against our expectation of a loss) reported in the fourth quarter was a positive surprise, therefore resulting into a loss before tax of […]
