February 3, 2025/CSL Research Presco Plc (PRESCO) in its unaudited FY 2024 results reported a robust 93.5% y/y growth in Revenue, reaching N198.15bn from N102.42bn in FY 2023, surpassing our FY2024 estimate of N167.2 bn by 18.5%. Also, Revenue was up by 71.6% q/q, to N69.59bn in Q4 from N40.55bn […]
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Presco Plc Q4-24: Increased Revenue and Lower Net Finance Costs Boost Profitability
February 3, 2025/Cordros Report Presco Plc (PRESCO) published its Q4-24 unaudited financials after the close of business on Friday (31 January), reporting a standalone EPS of NGN52.51 in Q4-24 (Q4-23: NGN9.39), underpinned by impressive revenue growth (+172.3% y/y) and lower net finance costs (-28.6% y/y). For 2024FY, the EPS came […]
Ecobank Super Reward Promo: Winners Take Home N42m in Total Prize Money
February 3, 2025/Ecobank Nigeria Ecobank Nigeria, an affiliate of Ecobank Group, has awarded a total of N42 million to its customers through the Super Reward “Millionaire Geng Promo.” This six-month promotion, which ran from July 1 to December 31, 2024, saw customers of the Pan-African bank winning various monetary rewards […]
