August 1, 2016/Punch Nike Popoola Continental Reinsurance Plc’s profit before tax rose by 83.61 per cent to N2.92bn in 2015 from N1.59bn in the 2014 financial period. The Chairman of the company, Mrs. Nadia Fettah-Alaoui, disclosed this during its 29th annual general meeting in Lagos. She said that its gross […]
Results & Dividends
GlaxoSmithKline Declares N3.62 Billion Loss in H1 2016
By InvestAdvocate Lagos (INVESTADVOCATE)-Drugmaker, GlaxoSmithKline Consumer Nigeria Plc said on Friday it has recorded a loss before tax of N3.62 billion for the period ended June 30, 2016 compared to N424.82 million declared a year earlier. Similarly, the drug producer recorded a loss after tax of N3.70 billion compared to […]
Nestle Nigeria Reports 94% Drop in H1 2016 PAT
By InvestAdvocate Lagos (INVESTADVOCATE)-Food and beverage producer, Nestle Nigeria Plc on Friday said profit after tax (PAT) for the half-year (H1) period ended June 30, 2016 declined 94 percent to N535.81 million from N8.66 billion posted a year ago. Similarly, profit before tax (PBT) of the beverage maker dipped 91.5 […]
