Wednesday, October 20, 2021
MARKET UPDATE

TheCable

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Company Analysis

GTCO builds N79bn profit at half year, promises long-term returns to shareholders

    GTCO builds N79bn profit at half year, promises long-term returns to shareholders

Guaranty Trust Holding Company [GTCO] Plc, the new holding company model of Guaranty Trust Bank Plc built an after tax profit of N79.4 billion at half year ended June 2021.

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Guinness Nigeria slashes impairment loss, returns to profit

    Guinness Nigeria slashes impairment loss, returns to profit

Guinness Nigeria Plc has slashed a huge impairment loss of roughly N12 billion that caused a loss of N12.6 billion last year. The impairment loss, which was a write off

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Facts behind FBN Holdings’ near doubling of profit in Q2

    Facts behind FBN Holdings’ near doubling of profit in Q2

FBN Holdings Plc rode on the back of two major game-changing factors to fast-tracked earnings growth in the second quarter that powered an exceptional growth of 96 percent in after

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Zenith Bank H1: How to build profit in bad earnings season

    Zenith Bank H1: How to build profit in bad earnings season

Despite a generally bad earnings season in which revenue remained significantly constrained, Zenith Bank Plc was able to build profit for shareholders at half year ended June 2021. The bank’s

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International Breweries’ loss multiplies to N14b at H1

    International Breweries’ loss multiplies to N14b at H1

Losses multiplied for International Breweries Plc at half year from N3.7 billion it recorded in the first quarter to almost

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ETI incurs N44b in credit losses in H1

    ETI incurs N44b in credit losses in H1

Ecobank Transnational Inc. charged off as much as N43.6 billion in credit loss expenses at the end of half-year operations

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Transcorp multiplies profit more than eight times to N6.5b in H1 

    Transcorp multiplies profit more than eight times to N6.5b in H1 

Transnational Corporation of Nigeria Plc (Transcorp) multiplied after tax profit more than eight times year-on-year to close the half year

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Nestle Nigeria unable to grow profit as costs rise at half year

    Nestle Nigeria unable to grow profit as costs rise at half year

Nestle Nigeria is facing cost increases so far this year that won’t let it convert growing sales revenue into profit.

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Unilever Nigeria returns to profit in second quarter

    Unilever Nigeria returns to profit in second quarter

Unilever Nigeria Plc has scaled through its operating challenges and returned to profit in the second quarter ended June 2021.

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Flour Mills: Facts behind triple-digit profit growth in 2021

    Flour Mills: Facts behind triple-digit profit growth in 2021

Flour Mills of Nigeria (FMN) Plc has run its full financial year to March 2021 with a 126 percent leap

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