July 30, 2025/Cordros Report Presco Plc (PRESCO) released its unaudited financial statements for Q2-25 this morning (30 July), reporting a strong standalone EPS of NGN41.14, significantly higher than NGN14.82 recorded in Q2-24. This robust earnings performance was primarily underpinned by an exceptional topline expansion, with revenue growing by 130.8% y/y […]
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FG Praises Dangote Refinery’s Engineering Excellence, Human Capital Development
… our engineers are now expatriates in UAE, other countries – Dangote July 30, 2025/Dangote Group The Federal Government has commended the Dangote Petroleum Refinery for its outstanding engineering achievements and its significant investment in developing young Nigerian talent. Nigeria’s Minister of Industry, Trade and Investment, Dr Jumoke Oduwole, lauded […]
BUA Cement Plc H1-25: Earnings Momentum Priced In, Downgraded to SELL
July 30, 2025/Cordros Report We update our view on BUA Cement Plc (BUACEMENT) following a review of the company’s H1-25 performance. During the period, revenue grew by 59.4% y/y, EBITDA margin expanded by 20.28 ppts to 46.5% and earnings per share (EPS) surged by 428.1% y/y to NGN5.34. On the […]
