By InvestAdvocate Lagos (INVESTADVOCATE)-Nigeria’s mid-tier lender, Wema Bank Plc said on Wednesday its profit after tax (PAT) for the half-year (H1) period ended June 30, 2016 climbed up 10.6 percent to N1.10 billion from N997.32 million a year ago. Similarly, profit before tax (PBT) of the bank increased 10.7 percent […]
Results & Dividends
TRANSCOHOT Says Q2’ 16 Pretax Profit Rise 10.5% to N2.74 Billion
By InvestAdvocate Lagos (INVESTADVOCATE)- Transcorp Hotels Plc, the hospitality unit of Nigeria’s top tier conglomerate, Transnational Corporation of Nigeria Plc on Wednesday said its pretax profit for the period ended June 30, 2016 rose 10.5 percent to N2.74 billion from N2.48 billion a year earlier. Similarly, profit after tax […]
Lafarge Africa Declares N30.2 Billion Loss in H1’16
By InvestAdvocate Lagos (INVESTADVOCATE)-Cement producer, Lafarge Africa Plc has declared a loss of N30.2 billion in the half-year (H1) perod of 2016 compared to in N27.32 billion profit recorded a year ago. Similarly, the company posted a pretax loss of N30.1 billion compared to a pretax profit of N30.8 billion […]

