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COMPANY FINANCIAL RESULTS
Caverton second quarter 2020 results.
Julius Berger had a plunge in administrative expenses to N15.748 billion in 2020.
Airtel earned $122 million from data alone, 40% growth year on year.
Its Q1 2020 interim report, revealed a 30% decline across its revenues streams.
Microsoft’s overall revenue grew 13% on an annualized basis in the quarter.
Cutix makes a huge chunk of its revenues from Nnewi where it is located.
For Okomu Oil, its majority shareholder holds the aces when it comes to related party transactions.
Trading at FY 2020 EV/EBITDA of 7.0x compared to its EM peer average of 9.2x and its 5-year average of 7.7x, we believe the company’s valuation remains attractive.
Zoom's share price now trades at an eye-watering 55 times estimated revenue compared with an average of 7 times for information technology stocks in the S&P 500, according to information obtained from Bloomberg.
In its recently released 9M 2020 results, Guinness reported a 5.3% y/y decline in Revenue to N96.0bn from N101.4bn in 9M 2019. On q/q basis, revenue declined 33.2% to N27.7bn in Q3 2020 (Jan – Mar 2020) from N41.4bn in Q2 2020.
GlaxoSmithKline Consumer Nigeria Plc on 24th July 2020, will pay dividends electronically to Shareholders whose names appear in the Register.
ByteDance Ltd’s brainchild, TikTok, together with Douyin ranking tops globally on mobile apps with the highest revenue generated for the month of April.