Culled–Proshare April 4, 2017/FBNQuest Research Strong sales, gross margin expansion boost bottom line PZ Cussons Nigeria’s (PZ) Q3 2017 (end-Feb) results were remarkable. The company’s sales, which were its highest in recent times, beat our forecast by 16.9%. The improved revenue was primarily driven by price increases. Product-wise, although the […]
Results & Dividends
SunTrust Bank Says Deposit Grows by 432% to N4.2 Billion
April 3, 2017/SunTrust Bank As a sigh of absolute confidence in the Management of the technology-driven new bank; SunTrust Bank, its customers increased deposits in the bank by a whopping 432 per cent, making it possible for the bank to declare an impressive profit before tax of N343 million, an increase of 160.3 […]
Wema Bank Says 2016 Pretax Profit up 8.5%
By InvestAdvocate Lagos (INVESTADVOCATE)-Nigeria’s mid-tier lender, Wema Bank Plc said on Monday its pretax profit for the period ended December 31, 2016 jumped 8.5 percent to N3.24 billion from N2.99 billion reported a year ago. Similarly profit after tax (PAT) appreciated by 12.7 percent to N2.56 billion from N2.27 billion […]
