October 17, 2016 By InvestAdvocate Lagos (INVESTADVOCATE)-Nigeria’s foremost brewer, Guinness Nigeria Plc said on Monday proposed a lower dividend payout to shareholders of the company. Guinness offered its investors a 50 kobo per share in respect of year ended June 30, 2016 compared to N3.20 per share paid last year; […]
Results & Dividends
Forte Oil Says Nine-Months 2016 PAT Dips 34.7%
By InvestAdvocate Lagos (INVESTADVOCATE)-Oil marketing firm, Forte Oil Plc on Thursday said its profit after tax (PAT) for the period ended September 30, 2016 declined 34.7 percent to N2.79 billion from N4.28 billion recorded a year ago. Profit before tax (PBT) of the company rose 6.5 percent to N5.63 billion […]
UBA Grows Profit To N62 Billion In Nine Months
October 12, 2016/UBA Plc Leveraging its expansive footprint, pan-African banking group, United Bank for Africa Plc (“UBA” or “the Bank”), announced its unaudited Third Quarter Financial Results, showing a 7% year-on-year growth in profit before tax to N62 billion despite the challenging macro-economic environment. This represents an impressive 18.2% annualized return on average equity. […]
