April 25, 2018/NB Plc The Board of Directors of Nigerian Breweries Plc has announced a Profit after Tax of N10.2 billion for the first quarter of 2018. The unaudited and provisional results released to The Nigerian Stock Exchange show that the N10.2 billion represents an 11.8% decrease over the N11.4 […]
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Intraday Update: NSEASI Up +0.08% on Buy Interest in Blue-Chips
April 25, 2018/InvestmentOne Update ASI as at 12.00pm: +0.08%. Market movers: FO (+10.16%), DANGFLOUR (+3.65%), SKYEBANK (-5.75%), OANDO (-4.92%). Sector Performances: Oil & Gas (+1.18%), Industrial (+0.16%), Consumer Goods (+0.07%), Banking (+0.06%). Market activity: In today’s early trade, total volume and value declined by 44% and 40% compared to this […]
Dangote Cement Plc Q1 2018 – Improved Margins Underpin Earnings Growth
Culled—Proshare 24/4/2018/ARM Research Dangote Cement (DANGCEM) released Q1 18 result this afternoon showing a double-digit growth of 29.1% YoY growth in EPS to N4.23 (missing our estimate of N4.29). Performance stemmed largely from improved margins, better cost management and a surprise foreign exchange gain (+305% YoY to N12 billion) which […]
