Tag: Investors

LEARNAFRICA Issues Profit Warning for Full Year Ended December 31, 2015

By InvestAdvocate Lagos (INVESTADVOCATE)-Book publishing firm Learn Africa Plc on Tuesday issued a profit warning for its full year ended December 31, 2015. “Following the preliminary review of Learn Africa Plc’s Management Accounts for the year ended 31 December 2015, it is expected the earnings will be materially lower when […]

Sterling Bank Says 2015 Pretax Profit up 2.50%, Offers 9 Kobo per share Dividend

By InvestAdvocate Lagos (INVESTADVOCATE)-Sterling Bank Plc said on Monday its pretax profit for the period ended December 31, 2015 grew 2.50 percent to N11.016 billion from N10.747 billion posted a year ago. In the same vein, profit after tax (PAT) of the lender increased 14.30 percent to N10.292 billion from […]

Ashaka Cement Declares 39.5% Drop in 2015 Profit, Proposes 15 Kobo Dividend

By InvestAdvocate Lagos (INVESTADVOCATE)- Cement producer, Ashaka Cement Plc on Friday said its profit after tax (PAT) for the period ended December 31, 2015 dropped 39.5 percent to N2.76 billion from N4.56 billion posted a year ago. In the same vein, pretax profit declined 38.9 percent to N3.20 billion from N5.25 […]