July 30, 2018/FBNH FBN Holdings Plc. (“FBNH” or “FBNHoldings” or the “Group”) today announces its unaudited results for the six months ended30 June 2018. Income Statement Gross earnings of N3billion, up1.6% year-on-year (y-o-y) (Jun 2017: N288.8 billion) Net-interest income of N6billion, down 8.8% y-o-y (Jun 2017: N164.1 billion) Non-interest income […]
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Transcorp Hotels Reports N2.02 Billion PAT in H1 2018
July 30, 2018/Transcorp Hotels Plc The pride and pearl of the Nigerian Hospitality Industry, Transcorp Hotels Plc. (“Transcorp Hotels”) has announced its Unaudited Financial Statements for the period ended June 30, 2018. The company showed significant growth over same period last year recording a turnover of N8.01billion, Profit Before Tax of N2.02billion […]
Cadbury Nigeria: Lower-Than-Expected Post-Tax Loss in Q2-18; 2018E EPS Revised Lower
July 30, 2018/Cordros Report Update: CADBURY released Q2-18 result, with a loss after tax of NGN455 million. We had expected a loss of NGN740 million. The result shows welcome growth in revenue and double-digit decline in opex, offset by significantly lower gross margin. Though the post-tax loss was lower than […]
