TAG: 2016 FY RESULTS


FBN Holdings Post N17.1 billion PAT (2016 FY Results)

FBN Holdings released its annual financial statements for the period ended 31 December 2016. See highlights Net Interest Income...


Explaining Presco’s Unbelievable “Biological”Profits

Nairametrics| One of Nigeria’s leading palm oil producer, Presco Oil, released its 2016 full year results last week. The...


Analysis: Fidelity Bank’s FX Losses & Energy Loans Points To One Thing

Nairametrics| Last week, Fidelity Bank Plc released its financial statements for the period ended December 2016. While gross earnings...


Brief: Fidelity Bank’s 2016 FY Results

Fidelity Bank today released audited results for the financial year ended 31 December 2016.   Net Interest Income N’million FY...


ALERT: Jaiz Bank Reports 66% Drop in Profit (2016 FY)

Jaiz Bank today released audited results for the financial year ended 31 December 2016.   Gross Income N’million FY...


ALERT: Seplat Reports N45 billion Loss (2016 FY)

Seplat today released audited results for the financial year ended 31 December 2016. Revenue N’million FY 2016| N63,384 FY...


Alert: Stanbic IBTC Reports N28.5 billion Profit (2016 FY)

Stanbic IBTC today released audited results for the financial year ended 31 December 2016.   Net Interest Income N’million...


Alert: Lafarge Africa Reports 38% Drop In Profit (2016 FY)

Lafarge today released audited results for the financial year ended 31 December 2016.   Revenue N’million FY 2016| N219,714...


Alert: Cadbury Reports N296 million Loss (2016 FY)

Cadbury Nigeria today released audited results for the financial year ended 31 December 2016.   Revenue N’million FY 2016|...


Total 2016 FY Results: The Good and The Bad

Nairametrics| Total Nigeria Plc released a blistering 2016 FY results last week. The company’s earnings per share rose four folds...


Total Nigeria Reports N14.8 billion Profit After Tax (2016 FY)

Total Nigeria Plc today released audited results for the financial year ended 31 December 2016.   Revenue N’million FY...


Naira Depreciation Cost Nestle N23 billion In Exchange Rate Loss

Nairametrics| Nestle Nigeria Plc released its 2016 results showing revenues rose 20% to N181.9 billion (2015: N151.2 billion). Profit after...


Zenith Bank Shares Tank After Earnings Call “Blunder” 

Nairametrics| Shares of Zenith Bank Plc took a major pounding after releasing impressive 2016 FY results. The bank had...


MTN Reports $108 million Loss, First In 20 Years; Blame Nigerian Fine

Nairametrics| Africa’s largest mobile phone company, MTN Group has announced a loss of R1.4 billion ($108 million) for the...


ALERT: Download Transcorp Nigeria 2016 FY Result

Transcorp Nigeria Plc today released audited results for the financial year ended 31 December 2016.   Revenue N’million FY...


Analysis: Dangote Cement Beats Estimates; Post N186.6 Billion Profits

Commentary This morning, Dangote Cement Plc (DANGCEM) released its audited FY 16 results with EPS of N11.34 — 6%...


ALERT: Download Dangote Cement 2016 FY Results

Dangote Cement today released audited results for the financial year ended 31 December 2016. Revenue N’million FY 2016| N615,103...


Analysis: Zenith Bank Beats Estimates, “Strong Buy” Implied

Analysis of Zenith Bank’s 2016 Full Year Results Commentary Zenith Bank Plc. (Zenith) kicked off the FY 2016 earnings...


Alert: Forte Oil Reports N5.3 billion Pre-Tax Profit (2016 FY)

Forte Oil Plc released its 2016 result for the year ended 31 December 2016 ; See below Revenue N’million...


Alert: VitaFoam Earnings Drops By 19% (2016 FY)

Vita Foam Nigeria Plc released its 2016 full year result ended 30th September, 2016; See below   Revenue N’000...