By InvestAdvocate Lagos (INVESTADVOCATE)-Nigeria’s top conglomerate, Transnational Corporation of Nigeria Plc said on Friday it has posted a loss after tax of N12.2 billion for the half-year (H1) period ended June 30, 2016 compared to N4.3 billion gain a year ago. Similarly, the conglomerate declared a loss before tax of […]
Results & Dividends
Mobil Oil Nigeria Plc Records 80% Sales Growth YoY in Q2’16
Culled—Proshare July 29, 2016/FBNQuest Research Event: Mobil Oil Nigeria (Mobil) reports Q2 2016 results Implications: Upward revision to consensus 2016 estimates expected Positives: Q2 sales of N27.6bn up 80% y/y; PBT up 87% y/y to N3.8bn Negatives: No obvious negatives Late yesterday, Mobil reported Q2 2016 results which showed impressive growth […]
Profit Warning: Caverton Offshore Says Q2’16 Profit to be Lower Due to Naira Devaluation
July 29, 2016/NSE Caverton Offshore Support Group Plc the leading provider of marine, aviation and logistics services to local and international oil and gas companies in Nigeria expects to report materially lower earnings for the period ending 30th June 2016 largely due to the unavoidable impact of the recent Naira […]
