August 1, 2019/Democracy in Africa By Sissiku Julius Ayuktabe I write to you today from Kondengui Principal Prison, where I am unjustly detained with a sizeable part of my cabinet and with thousands of other Southern Cameroonian prisoners who have run afoul of the repressive regime of Paul Biya, the […]
Investors Bite
Nigerian Breweries Plc H1 2019 Results: Operational Performance Remains Pressured
August 1, 2019/InvestmentOne Report Mixed topline performance: up 4.4% q/q, down 3.1% y/y. · Gross profit margin at 42.1%: flat q/q, down 33bps y/y. · Rising opex/sales ratio: up 504bps q/q, 332bps y/y. · Contraction in PBT Margin: down 461bps q/q, 456bps y/y. Nigerian Breweries Plc (NB) released its […]
Seplat Q2 2019 Results: One-off Revenue Line Flatters Performance
August 1, 2019/InvestmentOne Report Topline Performance; up 22.66% q/q, 21.13% y/y. Gross profit margin; up 1316bps q/q, 1396bps y/y. OPEX/sales ratio: up 213bps q/q, 785bps y/y. PBT margin performance; up 3957% q/q, 1299% y/y. Seplat revealed its Q2 2019 results and we observed that gas-tolling receipts from NPDC was responsible […]
