By InvestAdvocate Lagos (INVESTADVOCATE)-Drugmaker, May & Baker Nigeria Plc said its first-half (H1) pretax profit for the period ended June 30, 2016 climbed up marginally 2.32 percent to N44.2 billion from N43.7 billion a year earlier. Similarly post-tax profit rose slightly 3.44 percent to N30.08 billion from N29.73 billion posted […]
Updates
ASHAKACEM Post 54.1% Decline in H1 2016
By InvestAdvocate Lagos (INVESTADVOCATE)-Cement producer, Ashaka Cement Plc on Friday said its profit after tax (PAT) for the period first-half (H1) ended June 30, 2016 declined 54.1 percent to N1.63 billion from N3.55 billion a year ago. Similarly, profit before tax (PBT) of the company dropped 63.2 percent to N1.53 […]
Gross Official Reserves Decline by US$150m in July 2016
Culled—–Proshare August 5, 2016/FBNQuest Research Data from the CBN show that gross official reserves declined by US$150m in July on a 30-day moving average basis to US$26.2bn. The monthly average movement has been an outflow of US$410m over the past 12 months. The slowdown in depletion in July can be […]
