Tag: Earnings Report
Oando’s profit shrinks 15% year-on-year in H1 2025 on trading headwinds
...Revenue declined by 15% year-on-year to N1,721 billion (H1 2024: N2,031 billion)
...Gross profit decreased by 28% to N59 billion (H1 2024: N82 billion)
...Capital expenditure...
Solid topline growth and reduced FX exposure boost Lafarge Africa Plc...
...H1-24 revenue increased by 49.5% y/y (cement +49.6% y/y | aggregates +47.3% y/y | other products +79.6% y/y).
...OPEX (ex-depreciation) increased by 28.6% y/y, largely...
OKOMU OIL declares interim dividend of N8.00 per 50kobo ordinary share...
...On a q/q basis, revenue declined by 27.5%
...EBIT margin fell by 10.03ppts y/y to 18.0% (H1-24: -793bps y/y to 40.7%), further compounded by a...
Oando PLC reports profit after tax of N74.7 billion in 2023,...
SAT JUNE 01 2024-theGBJournal| Oando PLC's profit rose sharply in FYE 2023 on higher trading volumes, strategic global partnerships and net foreign exchange gains...
ECOBANK reports $69 million profit in Q1-2024
...29.5%, Cost-to-income: 53.8%, Loans-to-deposits: 53.7%, and Total CAR: 14.3%
...Stable credit quality with NPL ratio at 7.0% and cost-of-risk at 262 basis points.
...Results reflect the...
Zenith Bank Plc posts 125.4% y/y growth in gross earnings in...
TUE APRIL 09 2024-theGBJournal| Zenith Bank Plc (ZENITHBANK) recorded a 125.4% y/y growth in gross earnings in 2023FY, while profit-after-tax settled 202.3% higher y/y,...
FBN Holdings Plc profitability climbs substantially by 129.4% y/y to N362.24...
...PBT expanded by a substantial 129.4% y/y to N362.24 billion and PAT settling 127.4% y/y higher at N310.01 billion
...The diversified financial services group reported...
Stanbic IBTC Holdings reports highest increase over the past five years...
...In Q4 23 alone, the group saw 44.0% y/y growth in Pre-tax profits and a 29.1% y/y increase in Net profits to N30.67bn
...The Net...
FBN Holdings Plc reports solid H1-23 results driven by sturdy non-core...
FRI, JULY 21 2023-theGBJournal |FBN Holdings Plc (FBNH) late Thursday published its Unaudited Consolidated Financial Statements for the period ended June 30, 2023, reporting...
NGX Group reports 10.3% growth in gross earnings, targets foreign investment...
SAT, JULY 15 2023-theGBJournal |Amid bullish sentiments seen in Nigeria’s stock market recently, the Board and Management of Nigerian Exchange Group Plc (NGX Group)...
