Thursday, April 25, 2024
MARKET UPDATE
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TheCable

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Company Analysis

Nigerian Breweries: Lowest profit in 10 years

    Nigerian Breweries: Lowest profit in 10 years

Nigerian Breweries closed the 2018 operations with a lower profit than the company has posted any time since 2008. A drop of over N20 billion in sales revenue was the

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FCMB: Expect a big turnaround

    FCMB: Expect a big turnaround

First City Monument Bank (FCMB) is expected to report a big turnaround for the 2018 financial year. The bank’s full year earnings report, expected to reach the market in weeks,

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Okomu Oil Palm expects to keep profit stable at full year

    Okomu Oil Palm expects to keep profit stable at full year

The Okomu Oil Palm Company is expected to keep profit stable for the 2018 operations despite an inability to grow sales revenue. The company achieved an 86% advance in after-tax

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Presco: Profit boosters still missing

    Presco: Profit boosters still missing

Presco’s full year operating result for 2018 isn’t likely to have the profit performance boosters that gave it extraordinary leaps in the preceding two years. Save for a last quarter

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Total Nigeria expects profit recovery from preceding year’s drop

    Total Nigeria expects profit recovery from preceding year’s drop

Total Nigeria expects to show a profit rebound in its 2018 full year earnings report being awaited after a drop

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Oando: Profit hopes hang on tax credit

    Oando: Profit hopes hang on tax credit

Oando’s hopes for profit improvement in its 2018 operations hang largely on how much tax credit the company could get

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Fidelity Bank: Expect another strong profit advance

Fidelity Bank’s 2018 operation is expected to establish profit at a new peak, up on the 93% net profit lifting

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Dangote Cement: Revenue growth amidst FX challenges

    Dangote Cement: Revenue growth amidst FX challenges

Dangote Cement group could not recover from a huge foreign exchange loss in the second quarter and a further slowdown

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Transcorp may double profit at full year

    Transcorp may double profit at full year

Transnational Corporation of Nigeria (Transcorp) is likely to close the 2018 financial year with double the profit figure of N10.61

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UAC Nigeria may close with another profit drop

    UAC Nigeria may close with another profit drop

UAC Nigeria is likely to experience another profit collapse in its 2018 operations with a chance of kissing the red.

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