By InvestAdvocate Lagos (INVESTADVOCATE)-Food and beverage producer, Cadbury Nigeria Plc said on Friday its loss after tax (PAT) for the nine-month period ended September 30, 2016 was N842 15 million from a profit of N28.55 million recorded a year ago. Loss before profit in the review period was N842.15 million […]
Results & Dividends
Wema Bank Says 2016 Nine-Month Pretax Profit Down 2.22%
By InvestAdvocate Lagos (INVESTADVOCATE)-Mid-tier lender, Wema Bank Plc said on Friday its pretax profit for the nine-month period ended September 30, 2016 declined 2.22 percent to N1.49 billion from N1.53 billion recorded a year ago. Profit after tax (PAT) in the review period dropped 2.31 percent to N1.26 billion from […]
GUARANTY Shares Rated Neutral; Reports Significant Increase in Loan Loss Provisions in Q3’16 Results
Culled—Proshare October 19, 2016/FBNQuest Research Event: GT Bank reports Q3 2016 results Implications: Positive reaction by the market likely Positives: Strong non-interest income of N46.3bn, up +184% y/y Negatives: A significant increase (+662% y/y) in loan loss provisions GT Bank’s Q3 2016 results which were published today showed a very […]
