April 6, 2017/Cordros Research Click here to download PDF Report In this update note on Unilever Nigeria Plc (UNILEVER), we make adjustments for (1) finance charges, on potential savings from the refinancing of expensive local short term debts with cheaper USD loans, (2) continued impact on the top line and […]
Results & Dividends
UNITYBANK Says 2016 Pretax Profit Drops 22.5%
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 […]
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, […]
