By InvestAdvocate Lagos (INVESTADVOCATE)-Soap producer, PZ Cussons Nigeria Plc said on Thursday its third quarter (Q3) 2015 pretax profit for the period ended February 27, 2016 dropped 46.42 percent to N2.14 billion from N3.99 billion posted a year ago. Similarly, profit after tax (PAT) declined 41 percent to N1.65 billion […]
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Dow closes positive for year as commodities rally, dollar dives
Thu March 17, 2016/Reuters By Laila Kearney Wall St moved higher on Thursday, pushing the Dow Jones industrial average into positive territory for the year, as commodity prices rose on the back of a weaker U.S. dollar to boost shares in the energy and materials sectors. The Dow’s move into […]
Dangote Sugar Says 2015 Pretax Profit Grows 8.3%
By InvestAdvocate (Lagos INVESTADVOCATE)-Sugar refiner, Dangote Sugar Refinery Plc said on Thursday its pretax profit for the period ended December 31, 2015 grew 8.3 percent to N16.55 billion from N15.27 billion recorded a year earlier. On the flipside, profit after tax (PAT) dipped marginally 0.9 percent to N11.53 billion from […]
