By InvestAdvocate Lagos (INVESTADVOCATE)-The bears on Friday sustained its hold on the Nigerian Stock Exchange (NSE) as the All-Share Index (ASI) and Market Capitalisation depreciated by 1.10 percent to close the week at 27,294.21 and N9.375 trillion respectively. “However, all other Indices finished higher during the week with the exception […]
Investors Bite
Dangote Sugar Refinery Plc: Q3-16 PAT Suffers Cost Pressure
October 28, 2016/Cordros Research DANGSUGAR released results for nine months and third quarter ended September 2016. The key features of the third quarter result are (1) robust y/y and q/q revenue growth; (2) significant y/y and q/q gross margin contraction; (3) high double-digit y/y and q/q increase in opex; (4) […]
Access Bank Grows Q3 Profit to N72bn
October 28, 2016/Access Bank Plc Access Bank Plc has announced an impressive profit of N72 billion for the nine months ended 30 September 2016 based on enhanced business efficiency as a result of the effective execution of its long-term strategy. The Bank’s Profit Before Tax (PBT) showed an increase of […]
