October 30, 2024/Cordros Report International Breweries Plc (INTBREW) published their Q3-24 unaudited results this afternoon, showing an 80.5% y/y decline in standalone Q3-24 loss per share to NGN0.04 (vs loss per share of NGN0.18 in Q3-23), resulting in a 9M-24 loss per share of NGN0.67 (vs loss per share of […]
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Guinness Nigeria Plc: Mounting Costs Erode Topline Gains
October 30, 2024/InvestmentOne Report Revenue Shows Strong Growth Amid Cost Pressures: Guinness Nigeria’s Q1:2025 results show significant revenue growth of 111.44% year-over-year to NGN 125.89 billion from NGN 59.54 billion, however, this was overshadowed by a more substantial increase in cost of sales, which surged by 169.64% to NGN 111.63 […]
Lafarge Africa Plc Q3-24: Earnings Lifted by Stellar Revenue Growth and L
October 30, 2024/Cordros Report Lafarge Africa Plc (WAPCO) published their Q3-24 unaudited financials after the close of business yesterday (29 October). The company reported an impressive 703.0% y/y surge in Q3-24 standalone EPS to NGN1.91, driven by robust revenue growth (+101.2% y/y) and a significant reduction in FX losses (-86.7% y/y). […]
