Culled—Proshare Event: United Bank for Africa (UBA) reports Q3 2016 results Implications: Slight positive reaction by the market likely Positives: Q3 PBT up 16% y/y, 18% ahead of our estimate Negatives: Limited to opex growing 25% y/y, surprising negatively by 27% UBA’s Q3 2016 results which were released this morning […]
Results & Dividends
PZ Cussons Nigeria Reports Loss of N2.43 Billion in Q1 2016 on FX Misfortune
October 4, 2016 By InvestAdvocate Lagos (INVESTADVOCATE)-Soap and detergent producer, PZ Cussons Nigeria Plc on tuesday reported a loss after tax of N2.43 billion in its first quarter (Q1) report for the period ended August 31, 2016. The company made a loss before tax of N1.58 billion in the review […]
Guinness Nigeria Reports N2.01 Billion Loss in 2016 FYE, Offers 50 Kobo Dividend
By InvestAdvocate Lagos (INVESTADVOCATE)-Brewing giant, Guinness Nigeria Plc on Wednesday reported a loss after tax (LAT) of N2.01 billion in the audited period ended June 30, 2016 compared to a profit of N7.79 billion recorded a year earlier. Also, the company recorded a loss before tax (LBT) of N2.34 billion […]
