March 22, 2017/InvestmentOne Research Stanbic released its Q4 2016 results earlier today. Please find key highlights of the Q4 2016 results below: · Net interest income of N18.8bn, up +15.6% q/q; +71.7% y/y · Profit before tax of N11.5bn, up +4.1% q/q; +39.1% y/y · Profit after tax of N8.4bn, […]
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Lafarge 2016 Year End Result: Another Tax Surprise
March 22, 2017/Cordros Research Lafarge Africa has just released Q4-2016 and 2016 full year results. The sum of N16.9 billion (from -N37.4 billion in nine months) was reported as end-2016 profit, helped by a daunting N39.7 billion tax credit. Before the tax credit, the loss before tax of N40.4 billion […]
Lafarge Africa Says N22.8 Billion Loss before Tax in 2016, Cuts Dividend by 65%
By InvestAdvocate Click here to download Lafarge Africa Plc 2016 audited year end report December 31, 2016 Lagos (INVESTADVOCATE)-Cement producer, Lafarge Africa Plc has recorded a loss before tax of N22.8 billion in the audited year ended December 31, 2016 compared to a profit before tax (PBT) of N29.3 billion […]
