POSTS BY: RESEARCH TEAM

[RESULTS] Nigeria Breweries Profits Takes a Hit

[RESULTS] Nigeria Breweries Profits Takes a Hit

Nigeria Breweries 2015 H1 results shows pre-tax profits dipped by 8.5% to N30.9billion. Key Highlights Higher cost of sale Higher operating expenses Higher interest...


[RESULTS] Transcorp Half Year Profit Nose Dives

[RESULTS] Transcorp Half Year Profit Nose Dives

Transcorp released its 2015 H1 results showing profits to shareholders dropped 45% year on year. Earnings per share also dropped 45% to 6.13kobo. See...


[RESULTS] Stanbic IBTC post 53% drop in Pre-Tax Profits, Books N7.89b Impairment Charge

[RESULTS] Stanbic IBTC post 53% drop in Pre-Tax Profits, Books N7.89b Impairment Charge

Stanbic IBTC released its 2015 H1 results showing pretax profit dropped 53 percent to N9.53 billion  compared to a year ago. Gross earnings fell...



Japual breaks shareholders heart with another massive loss

Japual breaks shareholders heart with another massive loss

For shareholders of Japual, the full year result released today is another reminder of how heart wrenching investing can be when it goes bad....


Finally, Skye Bank releases its 2014 FY results and its not pretty

Finally, Skye Bank releases its 2014 FY results and its not pretty

Skye Bank released its 2014 FY results today after months of waiting. The company announced Gross earnings were up 3.3% to N136.7billion. Net Interest...


More pain for Dangote as NASCON post 31% drop in 2014 earnings per share

More pain for Dangote as NASCON post 31% drop in 2014 earnings per share

NASCON Plc has finally released its 2014 FY results and as expected the company recorded a profits.  The company reported revenues of N11.2billion up...


[Analysis] AIICO 2014 results; The good, the bad, the doubts

[Analysis] AIICO 2014 results; The good, the bad, the doubts

AIICO released its much anticipated 2014 FY results. Here is our initial view of this result. The Good AIICO post a profit after tax of...


[RESULTS] Africa Prudential rides on lower taxes to post blow out Q1 results

Africa Prudential Registrar released its 2015 Q1 results showing earnings per share rose by over 100% to 19kobo per share. The company recorded a...


ALERT: CWG changes 2014 FY results, jacking up profits by 150%

ALERT: CWG changes 2014 FY results, jacking up profits by 150%

Computer Warehouse Group released a new set of 2014 FY results showing earnings per share for the year was 5 kobo and not 2...


Ecobank post 219% increase in earnings, loan impairment remains high at N44.6billion

Summary of Ecobank’s 2014 Full year results Gross earnings for the period was N482.2billion (2013 N411.1billion) +17.28% Net Interest income for the period was...


Forex gains boost Zenith Bank’s 2015 Q1 results

This is a summary of Zenith Bank’s 2015 Q1 results Gross earnings of N113.3billion (2014 N94.3billion) +20% Net Interest Income of N42.6billion (2014 N25.8billion)...


Access Bank 2015 Q1 results

ACCESS BANK PLC: FINANCIAL STATEMENTS FOR FIRST QUARTER ENDED 31 MARCH, 2015 2015 Q1 2014 Q1 %age Change N’m N’m Access Bank Gross Earnings...


Forte Oil 2015 Q1 results

FORTE OIL PLC: FINANCIAL STATEMENTS FOR FIRST QUARTER ENDED 31 MARCH, 2015 FORTE OIL PLC 2015 Q1 2014 Q1 %age Change N’m N’m Revenue...


Stanbic IBTC 2015 Q1 results

STANBIC IBTC HOLDINGS PLC: FINANCIAL STATEMENTS FOR FIRST QUARTER ENDED 31 MARCH, 2015 2015 Q1 2014 Q1 %age Change N’m N’m StanbicIBTC Gross Earnings...


Again, forex income helps GTB post stellar results (2015 Q1)

Guaranty Trust Bank (GTB) released is 2015 Q1 results showing gross profits rose 17% year on year to N79billion. Here are the highlights of...


Did UBA Plc  just introduce a new formula for calculating EPS?

Did UBA Plc just introduce a new formula for calculating EPS?

UBA Plc released its 2015 Q1 results showing Gross Earnings rose year on year 22% to N83billion. The bank also reported Net Interest Income...


UBA Plc 2015 Q1 results

UNITED BANK FOR AFRICA PLC: FINANCIAL STATEMENTS FOR FIRST QUARTER ENDED 31 MARCH, 2015 UBA PLC 2015 Q1 2014 Q1 %age Change N’m N’m...


UBA Capital 2015 Q1 results

UNITED CAPITAL PLC: FINANCIAL STATEMENTS FOR FIRST QUARTER ENDED 31 MARCH, 2015 – 2015 Q1 2014 Q1 N’millions N’millions %age Change Revenue    1,306.7...


Diamond Bank post 9% drop in pre-tax profits (2015 Q1 results)

Diamond Bank Plc released its 2015 Q1 results showing Net Interest Income rose 4.93% to N28.8billion compared to N27.5billion a year earlier. Pre-tax profits...


May & Baker 2014 FY results

MAY & BAKER NIGERIA PLC: FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER, 2014 – Revenue (N’000) 2014 N7,018,992 2013 N6,367,605 Profit/Loss After Tax (N’000)...


Capital Hotels 2014 FY results

CAPITAL HOTELS PLC: FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER, 2014 – Revenue 2014 N4,552,725 2013 N4,659,930 Profit After Tax 2014 N245,043 2013...


Unilever 2015 Q1 results

UNILEVER NIGERIA PLC: FINANCIAL STATEMENTS FOR FIRST QUARTER ENDED 31 MARCH, 2015 Revenue (N’000) 2015 N14,910,995 2014 N13,834,150 Profit After Tax  (N’000) 2015 N590,448...


UPDC 2014 FY results and corporate action

UACN PROPERTY DEVELOPMENT COMPANY PLC: FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER, 2014 Revenue (N’000)  2014 N11,700,506 2013 N11,298,899 Profit After Tax  (N’000)...


Unity Bank 2015 Q1 results

UNITY BANK PLC: FINANCIAL STATEMENTS FOR FIRST QUARTER ENDED 31 MARCH, 2015  Revenue (N’000) 2015 N16,510,930 2014 N14,971,232 %age Change +10.2% Profit After Tax ...


Transcorp post 14% drop in group profits, propose dividends

Transcorp Plc released its 2014 Full year results showing group profits rose 119% to N41.3billion. Profit after tax for the group however dropped 14%...


Statistics Of Passenger Traffic In the Aviation Sector In Nigeria 2010

Statistics Of Passenger Traffic In the Aviation Sector In Nigeria 2010      AIRPORT No of Air Passenger Traffic in 2010  ABUJA DOMESTIC  3361107...


Nigeria’s GDP At Current Basic Prices Percentage Distribution 2010

Nigeria’s GDP At Current Basic Prices Percentage Distribution 2010       ACTIVITY SECTOR  2010 Total % Distribution at Currect Basic Prices Crop  Production ...