Culled—Proshare November 8, 2016/Vetiva Research Strong revenue performance persists, up 44% y/y Gross margin improves 400bps y/y to 14% FX loss undercuts earnings, Q2’17 PAT down 60% q/q TP revised upwards on improved earnings trajectory Improved revenue profile on better volume performance, price Buoyed by the strongest quarterly revenue performance […]
Results & Dividends
Eterna Proposes 25 Kobo Per Share Dividend in 2016
By InvestAdvocate Lagos (INVESTADVOCATE)-oil services firm, Eterna Oil Plc has proposed a dividend of 25 kobo per share to investors of the company. Eterna said on Friday that closure of Register for the period ended September 30, 2016 is November 22, 2016, payment date is December 12, 2016 after its […]
FBN Holdings Plc: Asset Quality Challenges Continue to Bite Earnings
November 4, 2016/Cordros Research Last week, FBN Holdings Plc (FBNH) released its nine months earnings report for the period ended September 30, 2016. Profit before tax (PBT) declined by 5.0% y/y (-51.4% q/q) while return on average equity (RoAE) fell to 9.4%, from 12.0% recorded as at H1’16. Following revisions […]
