Tag: Shareholders

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 […]

GlaxoSmithKline Says Pretax Profit Down 58% in 2015, Cut Dividend Payout by 60%

By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-Drug manufacturer, GlaxoSmithKline Consumer Nigeria Plc said on Wednesday its full year 2015 pretax profit fell 58 percent to N1.157 billion from N2.752 billion recorded a year ago. Similarly, profit after tax (PAT) dipped 47.8 percent to N965.05 million from N1.848 billion declared in the […]

UBA Says 2015 Pretax Profit up 21.8%, Offers Investors 40 Kobo Final Dividend

By InvestAdvocate Lagos (INVESTADVOCATE)-Africa’s global lender, the United Bank for Africa Plc (UBA) late Monday evening announced its pretax profit for the period ended December 31, 2015 climbed up 21.8 percent to N68.45 billion from N56.20 billion recorded a year ago. Similarly, profit after tax (PAT) grew 24.5 percent to […]