By InvestAdvocate Lagos (INVESTADVOCATE)-Lender Sterling Bank Plc on Friday said its pretax profit for the half-year (H1) period ended June 30, 2016 declined 27.7 percent to N4.38 billion from N6.05 billion recorded a year ago. Similarly, profit after tax (PAT) depreciated 25.9 percent to N4.02 billion from N5.42 billion posted […]
Results & Dividends
Dangote Sugar Records N70.5bn Revenue in Q2’16
Culled—Proshare July 29, 2016/Dangote Sugar Refinery Plc Dangote Sugar Refinery PLC Nigeria’s largest sugar producer, announces unaudited Group results for the six months ended 30 June, 2016. Financial highlights Group revenue increased to ₦70.5billion (2015: N51.1bn) Gross profit increased to ₦13.9billion (2015: N12.7bn) EBITDA increased to ₦13.4billion 2015 (N11.7bn) Profit […]
Ecobank Group Says H1 2016 PAT Drops 35% to N31 Billion
By InvestAdvocate Lagos (INVESTADVOCATE)- Pan-African lender, Ecobank Group said on Friday its profit after tax (PAT) for the half-year (H1) period ended June 30, 2016 dropped 35 percent to N3.08 billion from N48.11 billion posted a year earlier. Similarly, profit before tax (PBT) declined 32 percent to N41.55 billion compared […]
