April 18, 2017/InvestmentOne Research Forte Oil released its Q1 2017 results last Thursday. Please find key highlights below: · Revenue of N33.00bn; up +19.9% q/q; down -7.3% y/y · Profit before tax of N2.05bn against a -N293m loss before tax in Q4 2016 · Profit after tax of N1.88bn; up […]
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 […]
