October 12, 2016/UBA Plc Leveraging its expansive footprint, pan-African banking group, United Bank for Africa Plc (“UBA” or “the Bank”), announced its unaudited Third Quarter Financial Results, showing a 7% year-on-year growth in profit before tax to N62 billion despite the challenging macro-economic environment. This represents an impressive 18.2% annualized return on average equity. […]
Results & Dividends
UBA Rated Outperform; Records 16% PBT Growth YoY in Q3 2016 Results
Culled—Proshare Event: United Bank for Africa (UBA) reports Q3 2016 results Implications: Slight positive reaction by the market likely Positives: Q3 PBT up 16% y/y, 18% ahead of our estimate Negatives: Limited to opex growing 25% y/y, surprising negatively by 27% UBA’s Q3 2016 results which were released this morning […]
PZ Cussons Nigeria Reports Loss of N2.43 Billion in Q1 2016 on FX Misfortune
October 4, 2016 By InvestAdvocate Lagos (INVESTADVOCATE)-Soap and detergent producer, PZ Cussons Nigeria Plc on tuesday reported a loss after tax of N2.43 billion in its first quarter (Q1) report for the period ended August 31, 2016. The company made a loss before tax of N1.58 billion in the review […]
