Royal Dutch Shell (RDSa.L) warned on Friday that its fourth-quarter figures are expected to be significantly lower than recent levels of profitability because of oil and gas prices and problems with its refining business. The sharp cut in forecasts for earnings on a current cost of supplies basis (CCS), excluding […]
Tag: Profit
GTBank Up Post Tax Profit by 9.06%
By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-Guaranty Trust Bank Plc (GTBank) has increased its profit after tax (PAT) by 9.06 percent (9.06%) in its half year 2013 financial report. To record the 9.0% PAT, GTBank recorded N44.943 billion in the half year of 2012 compared to N49.105 billion recorded in the […]
Flour Mills records N8.7bn profit after tax
Flour Mills of Nigeria Plc has announced a profit after tax of N8.7bn in its results for the financial year ended March 31, 2012. The results made available to our correspondent on Tuesday showed that the company’s profit increased by 6.6 per cent compared to the figures obtained the previous […]
