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COMPANY FINANCIAL RESULTS
MTN Nigeria has recorded total revenue of N975.76 billion for Q3 2020, moving up from N856.549 billion recorded in the corresponding period in 2019.
Lafarge got a major boost from an increase in its cement revenue-generating unit, but revenues from aggregate and concrete decreased.
JPMorgan Chase, America's biggest bank just reported its third-quarter earnings.
The company announced that it has upsized its flagship $1.675 billion multi-tranche revolving credit facility.
The revenue of the Telcos increased from N 2.245 trillion in year 2018 to N 2.468 trillion as at the end of Year 2019.
The decline in revenue is attributable to the fall in sales from the core segment of the group.
Data revenues jumped from N56.7 billion to N79.9 billion in the period under review.
Despite being affected by the COVID-19 pandemic, Nigerian Breweries share price has increased in value.
For Beta Glass, the company’s results indicate that revenue dipped for the first time in eight years.
A 30.2% decline in the sales of motor vehicles contributed to the H1 2020 loss recorded by R.T. Briscoe.
Nike has used the COVID-19 pandemic as leverage to expand its digital business as it reported a surge in its in online sales.
A cursory analysis of the company’s result shows revenues got a boost, despite the challenges of Covid-19.