July 28, 2017/InvestmentOne Research Nestle Nigeria Plc released its Q2 2017 today. Please find key highlights below: · Revenue of N60.78bn: down -0.6% q/q; up+37.1% y/y · Profit before tax of N10.18bn: down -28.7% q/q; up c.+230.0% y/y on lower base effect · Profit after tax of N8.19bn: down -2.0% q/q; […]
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SEC Notifies Capital Market Operators on Rendition of Various Returns for AML/CFT and NFIU
July 28, 2017/SEC Consolidated Grid for Rendition of Various Anti-Money Laundering And Countering The Financing Of Terrorism (AML/CFT) Returns By Capital Market Operators (CMOS) To The Securities And Exchange Commission (Sec) And The Nigerian Financial Intelligence Unit (NFIU) Please be notified that the Commission has approved and uploaded reporting templates […]
FBN Holdings Plc | First Glance: Lackluster Performance Across Income Lines, PAT Down 18.64% q/q and 13.15% y/y
July 28, 2017/Cordros Research Click here to download full PDF copy of Report First Bank of Nigeria Holdings Plc (”FBNH”) released unaudited Q2-17 results yesterday, wherein gross earnings grew marginally by 4.63% (down 8.01% y/y and 66 bps below our estimate), while PBT and PAT contracted 22.50% q/q (-35.09% y/y) […]
