Results & Dividends

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

April 30, 2019 By InvestAdvocate Lagos (INVESTADVOCATE)- First dual listed Nigerian oil and gas upstream firm, Seplat Petroleum Development Company Plc on Tuesday reported a profit for of N10.02 billion in its  first quarter (Q1) period ended March 31, 2019 compared to  N6.28 billion posted a year a ago; indicating […]

Nestle Nigeria Plc – Absence of One-off Cost Magnifies Gross Profit

Culled—Proshare April 30, 2019 By Olamide Adeboboye of ARM Research Absence of one-off cost magnifies gross profit   Nestle Nigeria Plc (Nestle) released its Q1 19 results this afternoon, showing double-digit growth in gross profit to N31.5 billion (+22.2% YoY), to miss our estimate of N30.1 billion. The strong outing stemmed […]