By InvestAdvocate Click here to download MRS Oil Nigeria Plc 2016 Audited Annual Report Lagos (INVESTADVOCATE)-Oil marketing firm, MRS Oil Nigeria Plc said on Friday its pretax profit for the period ended December 31, 2016 jumped 56.6 percent to N2.28 billion from N1.46 billion recorded a year ago. Likewise, post-tax […]

March 24, 2017/InvestmentOne Research NIGERIA | EQUITIES | CONSUMER GOODS | UNILEVER NIGERIA  PLC Q4:2016 results highlight: Improved bottom-line numbers supported by exchange gain on financial income §  Strong sales performance : up +13.1%q/q; up +20.48% y/y. §  Strong PBT and PAT: up 10842% and 537% q/q; up +263% and […]

Culled—Proshare March 24, 2017/FBNQuest Research Event: Unilever Nigeria reports Q4 2016 results Implications: Upward adjustments to consensus estimates likely Positives: Sales, PBT and PAT up 21% y/y, 65% y/y and 43% y/y respectively Negatives: No obvious negatives This afternoon, Unilever Nigeria (Unilever) reported Q4 2016 results which showed positives on major […]