Investors Bite

Wema Bank Says H1’16 PAT up 10.6% to N1.10 Billion

By InvestAdvocate Lagos (INVESTADVOCATE)-Nigeria’s mid-tier lender, Wema Bank Plc said on Wednesday its profit after tax (PAT) for the half-year (H1) period ended June 30, 2016 climbed up 10.6 percent to N1.10 billion from N997.32 million a year ago. Similarly, profit before tax (PBT) of the bank increased 10.7 percent […]

Lafarge Africa Declares N30.2 Billion Loss in H1’16

By InvestAdvocate Lagos (INVESTADVOCATE)-Cement producer, Lafarge Africa Plc has declared a loss of N30.2 billion in the half-year (H1) perod of 2016 compared to in N27.32 billion  profit recorded a year ago. Similarly, the company posted a pretax loss of N30.1 billion compared to a pretax profit of N30.8 billion […]

Cadbury Nigeria Reports N216.4 Million Pretax Profit in H1’16

By InvestAdvocate Lagos (INVESTADVOCATE)-Food & beverage maker, Cadbury Nigeria Plc said on Wednesday it has reported a pretax profit of N216.4 million in the half-year (H1) period ended June 30, 2016  compared to a loss of N250.7 million a year ago. Also, the beverage producer, declared a profit after tax […]