Friday, April 26, 2024
MARKET UPDATE
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Company Analysis

FBN Holdings grows assets by N3.6trn at H1, nets N187bn

    FBN Holdings grows assets by N3.6trn at H1, nets N187bn

FBN Holdings Plc expanded the balance sheet by N3.6 trillion or 34 percent at the end of half-year operations over the closing figure last year to hit N14.2 trillion at

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BUA Cement battles with rising costs in Q1

    BUA Cement battles with rising costs in Q1

BUA Cement Plc suffered a drop of 19 percent in after tax profit to N26.8 billion in the first quarter, a worse performance than a sharp slowdown in the preceding

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Again, credit losses keep United Capital’s profit flat at N2.4bn, increase cost in Q1

    Again, credit losses keep United Capital’s profit flat at N2.4bn, increase cost in Q1

Credit losses are on an upward surge for United Capital Plc for the second year, which lowered margins and left after-tax profit only moderately improved at N2.4 billion in the

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TotalEnergies losing profit for 2nd year at N4.2bn in Q1

    TotalEnergies losing profit for 2nd year at N4.2bn in Q1

Totalenergies Marketing Nigeria Plc is growing sales but losing profit and this is happening for the second financial year. While sales revenue grew by as much as N37.7 billion or

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FBN Holdings set on recovery path with N50bn profit in Q1

    FBN Holdings set on recovery path with N50bn profit in Q1

FBN Holdings Plc appears set on the path of recovery from a profit drop in 2022 to a leap of

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Stanbic IBTC Holdings maintains upturn for 2nd year with N29bn profit in Q1

    Stanbic IBTC Holdings maintains upturn for 2nd year with N29bn profit in Q1

Stanbic IBTC Holdings is staying on the recovery and growth track for the second year with an after-tax profit of

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Unilever keeps costs in check to grow profit to N2.7bn in Q1 2023

    Unilever keeps costs in check to grow profit to N2.7bn in Q1 2023

Unilever Nigeria Plc kept costs in check in the first quarter (Q1) of 2023, which enabled it to lift profit

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Union Bank reaps windfall, lifts profit by 127% to N12.6bn in Q1

    Union Bank reaps windfall, lifts profit by 127% to N12.6bn in Q1

Union Bank of Nigeria Plc reaped a windfall of N17.9 billion from net trading gain in the first quarter (Q1),

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Nestlé Nigeria loses profit as finance expenses jump 126% to over N5bn in Q1

    Nestlé Nigeria loses profit as finance expenses jump 126% to over N5bn in Q1

Nestle Nigeria Plc faced intensified pressure from rising debts and interest expenses in the first quarter (Q1), which lowered the

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Access Bank attains strongest revenue growth in 2022

    Access Bank attains strongest revenue growth in 2022

Access Holdings Plc registered the strongest growth in revenue in 10 years at almost 42 percent to hit gross income

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