Friday, April 26, 2024
MARKET UPDATE
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Company Analysis

UBA maintains earnings growth despite profit slowdown

    UBA maintains earnings growth despite profit slowdown

United Bank for Africa (UBA) kept revenue accelerating for the third year running at the end of third quarter operations in September but profit slowed down during the period on

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PZ Cussons: The question mark on profit

    PZ Cussons: The question mark on profit

PZ Cussons closed its first quarter trading at the end of August with sales revenue looking up for the second year. The conglomerate achieved the strongest growth in sales revenue

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UACN heads for lowest profit in years

    UACN heads for lowest profit in years

Rising costs have undermined profit capacity for UACN and the conglomerate is headed for the lowest profit figure in many years at the end of 2017.  The company is sustaining

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Conoil: Profit drops on earnings constraints

    Conoil: Profit drops on earnings constraints

Conoil is headed for a major drop in profit at the end of 2017 based on the company’s performance at the end of half year operations in June. Revenue growth

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UBA: Good earnings story so far

    UBA: Good earnings story so far

United Bank for Africa (UBA) has written good earning stories of accelerating revenue and strong growth in profit for the

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Fidelity Bank on track for a big turnaround

    Fidelity Bank on track for a big turnaround

Fidelity Bank is driving a big turnaround this year after a 30% drop in net profit in 2016. The bank

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Dangote Sugar beats 2016 full year profit in six months

    Dangote Sugar beats 2016 full year profit in six months

Dangote Sugar Refinery ended half year operations in June with profit already well ahead of the full year profit figure

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Stanbic IBTC: Good hope on recovery

    Stanbic IBTC: Good hope on recovery

Fiscal 2017 looks very much like a year of good hope for Stanbic IBTC Bank for full recovery and attaining

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Access Bank: Interest cost limits profit at half year

    Access Bank: Interest cost limits profit at half year

Access Bank faced a big challenge of rising interest expenses in the first half of its 2017 operations. The bank

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Diamond Bank: Interest cost hinders profit growth in 2nd quarter

    Diamond Bank: Interest cost hinders profit growth in 2nd quarter

Rising interest expenses was the only major adverse development on Diamond Bank’s income statement at the end of half year

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