March 6, 2025/Cordros Report EQUITIES Bullish sentiments resurfaced in the domestic bourse as gains in TRANSCORP (+9.8%) and UBA (+2.8%) spurred a 0.3% increase in the NGX ASI to 106,780.72 points. As a result, the Month-to-Date and Year-to-Date returns printed -1.0% and +3.7%, respectively. The total volume traded increased by 0.7% […]
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Dangote Sugar Refinery Plc Earnings Report: Navigating Inflation and Forex Volatility
March 6, 2025/InvestmentOne Report Dangote Sugar Refinery Plc delivered robust top-line growth in 2024 but faced significant profitability challenges due to surging costs and currency devaluation. Revenue jumped to NGN665.69 billion, up 50.80% YoY from NGN441.45 billion in 2023. This strong revenue performance reflects price increases and resilient demand, especially […]
Lafarge Africa Plc Earnings Report: Robust Sales Growth Drive Earnings Expansion
March 6, 2025/InvestmentOne Report Improved Volume Drives Revenue Growth: In FY:2024, Lafarge Africa Plc s revenue accelerated by 71.83% YoY to NGN696.76bn, driven by strong sales recorded particularly in the second half of the year. The impressive performance stemmed from volume expansion, supported by the introduction of new product offerings including […]
