April 30, 2025/CSL Research Financial Highlights: Revenue +40.5% y/y to N1.06TN Direct Network Operating Costs +33.4% y/y to 337.38BN OPEX +12.1% y/y to N227.85BN EBITDA +65.9% y/y to N492.75BN Operating Profit +96.9% y/y to N342.72BN Pre-Tax Profit rose to N202.65BN from the N575.69 Pre-Tax loss recorded in Q1 2024 Stock […]
Results & Dividends
MTNN Q1-25: Stellar Revenue Growth and FX Stabilisation Propel Earnings Recovery
April 30, 2025/Cordros Report MTN Nigeria Communications Plc (MTNN) published its Q1-25 unaudited results yesterday (29 April), reporting an EPS of NGN6.38 (vs loss per share of NGN18.63 in Q1-24). The recovery in earnings was driven by a 40.5% y/y increase in revenue and a substantial 99.2% y/y decline in […]
TotalEnergies Marketing Nigeria Plc Q1-25: Lower Sales and Higher Finance Cost Drives Losses
April 30, 2025/Cordros Report TotalEnergies Marketing Nigeria Plc (TOTAL) published its Q1-25 unaudited results yesterday (29 April), reporting a loss per share of NGN0.35 (vs earnings per share of NGN33.87 in Q1-24), marking the marketer’s first negative quarterly earnings print since Q2-20. The performance was driven by the decline in […]

