By InvestAdvocate Lagos (INVESTADVOCATE)-Mid tier lender, Unity Bank Plc said on Wednesday its pretax profit for the period ended December 31, 2016 dropped 22.5 percent to N1.82 billion from N2.34 billion posted a year ago. Also, profit after tax (PAT) of the mid-tier bank declined 53.4 percent to N2.18 billion […]
Results & Dividends
eTranzact continues profitability trend with N865.1mln PBT in 2016; Proposes 10k dividend Per Share
Culled—Proshare April 5, 2017/eTranzact International PLC eTranzact International PLC, Africa’s premier e-payments solution provider has announced a profit before tax of 865.1 million naira and revenue of 10.40 billion naira for the year ended December 2016. In a year that was characterized by adverse sentiment triggers on the global front, […]
Striking FY 16 Loss: Is Seplat Plc Off The Hook? Sell Recommendation
Culled—Proshare April 4, 2017/ARM Research Last week, Seplat Petroleum Development Company Plc. (Seplat) published its FY 16 audited result, which revealed striking before and after tax losses of $172.7million and $166.1million respectively (2015: PBT – $87.1million, PAT – $65.6million), following sustained force majeure on its key export route (Trans Forcados […]
