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Oando Says Profit Soars 46% to N10.4 Billion in Q3 2018

October 30, 2018 By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-Oil marketing major, Oando Plc on Tuesday reported its post-tax profit for the third quarter (Q3) period ended September 30, 2018 soared 46 percent t0o N10.4 billion from N7.12 billion recorded a year ago. Revenue grew 32 percent to N505 billion from N383.3 […]

Unilever Nigeria Q3 2018: Lower Finance Cost & Sales of Spread Business Boost PBT

October 30, 2018/InvestmentOne report  ·         Mixed topline growth: down 1.9% q/q, up 6.6% y/y. ·         Lower gross profit margin: down 418bps q/q, 118bps y/y ·         Mixed opex/sales ratio: down 127bps q/q, up 214bps y/y. ·         Higher PBT margin performance: up 577bps q/q, 1361bps y/y  .  Unilever Nigeria Plc released its […]

SEPLAT Reports N65.05 Billion Pretax Profit in Q3′ 2018

By InvestAdvocate Lagos (INVESTADVOCATE)- First dual listed Nigerian oil and gas upstream firm, Seplat Petroleum Development Company Plc on Tuesday reported a pretax profit of N65.05 billion in its  third quarter period ended September 30, 2018 compared to a loss before tax of N760 million posted a year a ago; […]