By InvestAdvocate Lagos (INVESTADVOCATE)-Diamond Bank Plc said on Thursday its profit after tax (PAT) for the period ended June 30, 2016 dropped 25 percent to N9.05 billion from N12.15 billion declared a year ago. Similarly, profit before tax (PBT) declined 28.57 percent to N10.48 from N14.19 billion in the corresponding […]
Results & Dividends
UAC of Nigeria Plc Records 12% PBT Growth in Q2’16 Results
Culled—-Proshare July 28, 2016/FBNQuest Research Event: UAC of Nigeria (UACN) reports Q2 2016 results Implications: Slight changes to consensus 2016 EPS forecast expected Positives: Limited; PBT grew by 12% y/y, though expected Negatives: PAT declined -5% y/y and -10% q/q resp. on the back of a higher tax rate of […]
Dangote Cements Reports N103.4 Billion PAT in H1 2016
By InvestAdvocate Lagos (INVESTADVOCATE)-Nigeria’s most capitalised listed company and cement manufacturer, Dangote Cement Plc on Thursday reported a profit after tax (PAT) of N103.4 billion for the period ended June 30, 2016 compared to N121.8 billion recorded a year ago. Also, the company declared a profit before tax (PBT) of […]
