August 30, 2017/Cordros Research Guinness Nigeria Plc’s (GUINNESS) Rights Issue, opened on 24 July, 2017, will close on Wednesday, 30 August 2017. The Rights Issue is being undertaken to enable GUINNESS optimize its capital structure by repaying its various outstanding loan obligations, thereby reducing financing costs. Details of the Rights: […]
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Fidelity Bank Says H1’17 Pretax Profit up 66.7% to N10.2Billion
By Yakubu LAAH InvestAdvocate Click here to download Fidelity Bank Plc Half-Year 2017 Audited Report Lagos (INVESTADVOCATE)-Lender Fidelity Bank Plc said on Wednesday its pretax profit for the half-year (H1) ended June 30, 2017 increased 66.7 percent to N10.22 billion from N6.13 billion posted a year ago. Profit after tax […]
Stanbic IBTC Holdings Q2 2017 Results: Shares Outperformed the Index
Culled—Proshare 29/8/2017/FBNQuest Research Event: Stanbic IBTC Holdings reports Q2 2017 results Implications: Upward revsions to consensus earnings forecasts likely Positives: PBT and PAT up 94% y/y and 169% y/y respectively Negatives: Significant spike in loan loss provisions; opex also up by double-digits This morning, Stanbic IBTC (Stanbic) published its Q2 2017 results which […]
