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Okomu Oil Q3 2018 result highlight: Cost Efficiency Supports PBT Performance

October 23, 2018/InvestmentOne Report  ·         Declining Top line :  down 33.07% q/q, 8.89% y/y. ·         Improved gross profit margin:  up  696bps q/q;  1552bps y/y. ·         Volatile opex/sales ratio:  up  1214bps q/q; down 44bps y/y. ·         Mixed  PBT performance : down 40.08% q/q; 30.42% y/y.  Last Friday, Okomu Oil Palm Plc […]

Flour Mills of Nigeria Plc Extends Offer and Repriced The 184-Day CP Series 3

Culled—Proshare October 23, 2018/Arthur Stevens Asset Management Flour Mills of Nigeria Plc has extended the offer and repriced the 184-day CP (“Series 3”). The offer will be extended till tomorrow, October 24, while funding will occur till Thursday, October 25.  Please find below for your perusal a summary of the […]

Dangote Cement Q3 2018 Result Highlight: Fairly Decent Performance.

October 23, 2018/InvestmentOne report §  Mixed performance in Turnover:  down 0.74% q/q, up 17.51% y/y. §  Declining gross margin performance: down 270 bps q/q, 130 bps y/y. §  Increasing Opex/Sales ratio: up 495bps q/q, 256bps y/y. §  Declining PBT: down 19.85% q/q, 4.30% y/y.  DANGCEM published its Q3 2018 results […]