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Unity Bank Says Q3 2018 Pretax Profit Down -77.0%

November 2, 2018 By InvestAdvocate Lagos (INVESTADVOCATE)-Mid tier lender, Unity Bank Plc on Thursday said its pretax profit for the third quarter (Q3) period ended September 2018 dipped 77.0 percent… Read more »

Forte Oil Reports N91.3 Billion PAT in Q3’2018

By InvestAdvocate Lagos (INVESTADVOCATE)-Oil marketer, Forte Oil Plc on Wednesday said its post-tax profit for the third quarter (Q3) period ended September 30, 2018 grew 80.1 percent to N9.13 billion… Read more »

Flour Mills of Nigeria Plc: A disappointing Q2 and H1 2019 performance

31/10/2018/Cordros report Event: FLOURMILL published H1-19 result late yesterday, with EBITDA and EPS down by 31% y/y and 78% y/y respectively in Q2. The group’s performance in the period was… Read more »

Dangote Sugar Refinery Plc 9M’18 results – Unimpressive Top Line Performance Weighs On Earnings

Culled—Proshare 31/10/2018/CardinalStone Research Dangote Sugar Refinery Plc (DANGSUGAR) 9M’18 results – revenue declined by 28.4% YoY to N116.8 billion – lower than our projected N125.3 billion for the period (-6.8%… Read more »

Fidelity Bank Plc Q3 2018: Lackluster Quarterly Performance Despite Lower Impairment Charges.

30/10/2018/InvestmentOne report  Net interest income of N20.1billion, down 4.7% q/q; up 5.3% y/y Non-interest income of N5.5billion, down 12.7% q/q, down 9.4% y/y Profit before tax of N7.1billion, down 12.4%… Read more »

Oando Says Profit Soars 46% to N10.4 Billion in Q3 2018

October 30, 2018 By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-Oil marketing major, Oando Plc on Tuesday reported its post-tax profit for the third quarter (Q3) period ended September 30, 2018 soared… Read more »

Unilever Nigeria Q3 2018: Lower Finance Cost & Sales of Spread Business Boost PBT

October 30, 2018/InvestmentOne report  ·         Mixed topline growth: down 1.9% q/q, up 6.6% y/y. ·         Lower gross profit margin: down 418bps q/q, 118bps y/y ·         Mixed opex/sales ratio: down 127bps… Read more »

SEPLAT Reports N65.05 Billion Pretax Profit in Q3′ 2018

By InvestAdvocate Lagos (INVESTADVOCATE)- First dual listed Nigerian oil and gas upstream firm, Seplat Petroleum Development Company Plc on Tuesday reported a pretax profit of N65.05 billion in its  third… Read more »

Lafarge Africa Reports Modification in Q3 2018 Results

October 30, 2018/NSE Lafarge Africa Plc wishes to notify The Nigerian Stock Exchange, shareholders and all the Company’s stakeholders of the following modifications to the unaudited Financial Statements for the… Read more »

Nigerian Breweries Plc 9M 2018, Financial Result Update

October 30, 2018/Cowry Asset Kindly Click here to download the 9M 2018, Financial Result Update of Nigerian Breweries Plc.

 

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