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 […]
Results & Dividends
PZ Cussons Nigeria – On a Path to Recovery
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 […]
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 […]
