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 […]
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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 […]
INTBREW Announces Approval for Proposed Merger with Intafact Beverages, Pabod Breweries
August 30, 2017/NSE Following International breweries Plc.’s (“IBPIc”) announcement on 6 June 2017 regarding the proposed merger among lBPIc, lntafact Beverages Limited (‘Intafact” and Pabod Breweries Limited (“Pabod”) subject to requisite regulatory and shareholders’ approvals, we have now received the requisite pre-merger approvals from the Securities and Exchange Commission (“SEC”) […]
