May 2, 2024/CSL Research Access Holding’s Q1 2024 unaudited numbers showed a 183.1% y/y growth in Interest Income driven by growth in both Interest Income on Net Loans and yields on investment securities due to a higher yield environment and growth in earnings assets. Net Loans grew 19.7% in Q1 […]
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Dangote Sugar Refinery Plc Q1-24: Weaker Margins and FX Losses Undermine Profitability
May 2, 2024/Cordros Report Dangote Sugar Refinery Plc (DANGSUGAR) released its Q1-24 unaudited financials after market close on Tuesday (30 April), reporting a loss per share of NGN5.68 (vs EPS of NGN1.05 in Q1-23) due to the combined impact of a 22.5x y/y increase in net exchange losses to NGN102.98 […]
NGX Group Optimizes Operations Post-AGM, Releases Stellar Q1 ’24 numbers
May 2, 2024/NGX Following its recently concluded Annual General Meeting, Nigerian Exchange Group Plc (NGX Group) has unveiled stellar Q1 2024 results, signaling a promising trajectory for the company. The Group reported an impressive N2 billion in Profit before Tax, bolstered by robust growth in operating margins and operational efficiencies. […]
