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COMPANY RESULTS

For Okomu Oil, its majority shareholder holds the aces when it comes to related party transactions.
Total expenses for the period stood at N2.2 billion, as against N1.3 billion H1 in 2019.
We project Pre-tax Profit of N9.0bn (down 15% y/y) and we estimate ROAE of 6.9% in 2020e (FY 2019; 9.8%).
Barely a year after shedding the dead weight, it has set off on a course to pay dividends.
 Total Nigeria’s Q1’20 results are a testament that some might have it worse than others as it recorded a revenue drop of 9.3% to N70.2 billion
Unilever Nigeria Plc has released its unaudited report for the period ended 31st March 2020. The Company recorded turnover of N13.3 billion in the period under review.
The company's directors have also been scheduled to meet in order to discuss Seplat's Q1 2020 financial results.
UACN was able to sustain growth in earnings in its recently released 9M 2019 results.
Unilever Nigeria Plc in its just-published H1 2019 result announced a 28.6% y/y decline in Revenue to N51.6 billion in 9M 2019.
Dangote Cement reported a mild decline in Revenue (down 0.8% y/y to N679.8 billion) in 9M 2019.
Nestle Plc in its recently released 9M 2019 result announced Revenue growth of 4.0% y/y to N211.3 billion for 9M 2019 from N203.1 billion in 9M 2019.
Forte Oil has released its interim financial statements for the period ended September 30, 2019.