Investors Bite

Flour Mills of Nigeria Plc Q1 2018 Results (YE-March) : Key Highlights

July 31, 2017/InvestmentOne Research Flour Mill of Nigeria Plc  released its Q12018 (YE-March) results earlier today. Please find key highlights of the Q1 2018 results below: ·         Revenue  of N148.9bn: up +10.7% q/q; +25.0% y/y ·         Profit before tax of N6.2bn, advanced by +33691.9% q/q (on lower base effect of […]

ASI: Intraday Update

July 31, 2017/InvestmentOne Research ASI as at 12.00pm: -0.72% Market movers: FCMB (-8.40%), MAYBAKER (-4.95%), OKOMUOIL (+10.24%), DANGSUGAR (+10.22%) Sector Performances Banking (-3.40%), Industrial (-0.06%), Oil & Gas (+0.27%), Consumer Goods (+0.12%) Market activity: Investors have exchanged c.145m units of shares worth N1.2bn so far today, representing less than half […]

Okomu Oil Palm Company Plc Q2 2017 Results: Key Highlights

July 31, 2017/InvestmentOne Research Okomu oil released its Q2 2017 results earlier today. Please find key highlights of the Q2 2017 results below: ·         Revenue  of N6.6bn, up  +11.6% q/q; +51.7% y/y ·         Profit before tax of N4.4bn, up +30.1% q/q; +89.6% y/y ·         Profit after tax of N3.2bn, up […]