Saturday, April 27, 2024
MARKET UPDATE
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Company Analysis

Zenith Bank lifts revenue, doubles profit at half year

    Zenith Bank lifts revenue, doubles profit at half year

Zenith Bank closed its half year operations for the 2017 financial year with a more robust earnings picture than it has recorded for many years. Defying economic recession and late

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Africa Prudential multiplies profit, heads for big harvest for investors

    Africa Prudential multiplies profit, heads for big harvest for investors

Africa Prudential, the share registration company, closed half year trading at the end of June 2017 with more than three times the profit figure it posted in the same period

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Nigerian Breweries: Profit outlook improves further

    Nigerian Breweries: Profit outlook improves further

Nigerian Breweries sustained its elevated earnings performance in the second quarter and a renewed strength in profit performance this year has strengthened further. The brewing giant had closed last year’s

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CAP losing profit for the second year

    CAP losing profit for the second year

Chemical and Allied Products (CAP) closed second quarter operations with profit down year-on-year, sustaining profit drop for the second year. The paints producing company has been unable to grow sales

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Transcorp Hotels off the recovery track

    Transcorp Hotels off the recovery track

Transcorp Hotels is off the earnings recovery track in the current year after two years of progress in rebuilding profit.

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Unilever beats last year’s profit in six months

    Unilever beats last year’s profit in six months

Unilever Nigeria closed the second quarter trading with a bigger profit than it earned in all of 2016. The conglomerate

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Flour Mills: Profit drops despite strong revenue

    Flour Mills: Profit drops despite strong revenue

Flour Mills of Nigeria sustained a further slowdown in profit in the final quarter and profit dropped faster than projected

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Cadbury Nigeria: Operating pressure persists

    Cadbury Nigeria: Operating pressure persists

The operating pressure that saw Cadbury Nigeria back in the red in 2016 is persisting in the current year. Cost

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FBN Holdings: Profit headed down for the third year

    FBN Holdings: Profit headed down for the third year

FBN Holdings is seeing for the third year running a divergence of growing revenue and declining profits. Underlying these trends

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GTB: Another year of galloping growth in profit

    GTB: Another year of galloping growth in profit

Guaranty Trust Bank is maintaining an outstanding growth in earnings for the second year after it posted the highest profit

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