Culled—-Proshare July 29, 2016/Dangote Cement Plc Africa’s leading cement producer, Dangote Cement Plc has reported a revenue of N292 billion in the second quarter ended June 30th 2016 indicating an increase of 20 percent over N242 billion posted in the corresponding period in 2015. According to the reports filed with the […]
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Sterling Bank H1 2016 Pretax Profit Declines 27.7%
By InvestAdvocate Lagos (INVESTADVOCATE)-Lender Sterling Bank Plc on Friday said its pretax profit for the half-year (H1) period ended June 30, 2016 declined 27.7 percent to N4.38 billion from N6.05 billion recorded a year ago. Similarly, profit after tax (PAT) depreciated 25.9 percent to N4.02 billion from N5.42 billion posted […]
Dangote Sugar Records N70.5bn Revenue in Q2’16
Culled—Proshare July 29, 2016/Dangote Sugar Refinery Plc Dangote Sugar Refinery PLC Nigeria’s largest sugar producer, announces unaudited Group results for the six months ended 30 June, 2016. Financial highlights Group revenue increased to ₦70.5billion (2015: N51.1bn) Gross profit increased to ₦13.9billion (2015: N12.7bn) EBITDA increased to ₦13.4billion 2015 (N11.7bn) Profit […]

