By InvestAdvocate Lagos (INVESTADVOCATE)-Dangote Flour Mills Plc (DANGFLOUR) on Thursday said its pretax profit for the full year ended December 31, 2017 rose 89.86 percent to N22.44 billion from N11.81 billion posted a year ago. Profit after tax (PAT) of the company grew 43.15 percent to N15.12 billion from N10.56 […]
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NSE Halts Losing Streak, Up +0.31% on Gains Across Sectors
April 5, 2018/InvestmentOne Report The Nigerian equities market halted its losing streak as NSE-ASI advanced by 0.31%. However, market breadth index was somewhat flat with 21 advancers against 22 stocks that declined. PRESTIGE (+9.30%) topped the gainersâ chart while GLAXOSMITH (-9.61%) had the worst performance. UBA (+1.28%) was the most […]
FCMB Group Plc: First Glance: Unimpressive FY-17 Performance, Despite Improvement in Q4-17
April 5, 2018/Cordros Capital FCMB Group Plc released its FY-2017 financial statement, showing decline in top and bottom line performance in the full year. Gross Earnings declined by 3.66% to NGN169.88 billion (in line with our expectation), while pre-tax and post-tax profits were lower by 29.47% and 34.38% at NGN11.46 […]
