(Image: IMF) By Jorge Alvarez and Philip Barrett April 27. 2022/IMFBlog CHART OF THE WEEK The war in Ukraine will quicken inflation, which we now expect to remain elevated for longer than previously forecast on higher commodity costs and broader price pressures. As the Chart of the Week shows, our […]
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NASCON Allied Industries Plc Q1-22: Earnings Falters on Elevated Cost Pressures
April 26, 2022/Cordros Report NASCON published its Q1-22 unaudited financials this morning, reporting a 46.8% y/y decline in EPS to NGN0.58 (Q1-21: NGN1.09), following elevated cost pressures evidenced by the surge in cost of sales (+ 62.3% y/y). Notably, we highlight that our computation of NASCON’s EPS printed NGN0.15 in […]
Bua Cement Reports Solid Performance in 1Q22
Kindly click here to download the report. April 26, 2022/FSDH Research Key Performance Highlights: BUA Cement reported solid YoY results, with revenue jumping 58.5% YoY, while profit after tax surged 48.2% YoY in 1Q22, outperforming its competitor Lafarge Africa (revenue up +26.8% YoY) comprehensively. However, the 1Q22 performance was boosted […]
