Tag: Profit

Dangote Cement Declares N191.6b Profit In Six Months
August 2, 2021 No Responses

Dangote Cement Declares N191.6b Profit In Six Months

The Dangote Cement, has posted a Profit After Tax (PAT) of N191.6 billion, after a tax charge of N89.6 billion in its unaudited results for the half-year ending on June 30.  In a statement on Sunday, the Group Managing Director,  Mr...
read more
Daimler Reports $4.3b Quarterly Profit
July 23, 2021 No Responses

Daimler Reports $4.3b Quarterly Profit

Germany – German auto maker Daimler reaped strong profits in the second quarter as demand for its Mercedes luxury cars continued to rebound from the depths of the pandemic, generating cash that the company can invest in its shift to electric vehicles....
read more
Access Bank Explains Q1 30% Increase In Profit Before Tax
April 30, 2021 No Responses

Access Bank Explains Q1 30% Increase In Profit Before Tax

Access Bank Plc has posted a profit before tax (PBT) of N60.1billion  representing an increase of 30 per cent for the first quarter ended March 31.  The Chief Executive Officer of the group, Mr Herbert Wigwe, disclosed in an unaudited financial....
read more
CSCS Declares N6.93b Profit, N5.85b Dividend For 2020
April 18, 2021 No Responses

CSCS Declares N6.93b Profit, N5.85b Dividend For 2020

The Central Securities Clearing System Plc (CSCS) has announced a profit after tax of N6.93 billion for the financial year ended Dec. 31, 2020.  The company in a statement explained that profit after tax was 41.43 per cent higher when...
read more
Sovereign Trust Insurance Declares N687m Profit In 2020
April 11, 2021 No Responses

Sovereign Trust Insurance Declares N687m Profit In 2020

For the financial year 2020, Sovereign Trust Insurance Plc recorded Profit After Tax (PAT) of N687 million, against N503 million attained in 2019.  A statement issued on Saturday by Mr Olusegun Bankole, the insurer’s Deputy General Manager/Head, Sales a...
read more
FBN Holdings Declares N89.7b Profit, N7.7tri Total Assets For 2020
April 2, 2021 No Responses

FBN Holdings Declares N89.7b Profit, N7.7tri Total Assets For 2020

By Moses Ebosele, ebosele@hotmail.com  — For the financial year ended December 31, 2020, FBN Holdings Plc has announced a profit of N89.7 billion, indicating an increase of 21.8 per cent.    In its 2020 audited result, FBN Holdings explained on ...
read more
Investors Lose N119b Amid Renewed Profit Taking
March 31, 2021 No Responses

Investors Lose N119b Amid Renewed Profit Taking

The Nigerian Stock Exchange (NSE) returned to negative territory on Tuesday with investors losing N119 billion on renewed profit taking.  Consequently, the market capitalisation which opened at N20.663 trillion dipped N119 billion to close at N20.544 tril...
read more
Lafarge Africa Declares N30.84b Profit, N16.11b Total Dividend For 2020
March 25, 2021 No Responses

Lafarge Africa Declares N30.84b Profit, N16.11b Total Dividend For 2020

Lafarge Africa Plc on Wednesday declared a total dividend of N16.11 billion for the 2020 financial year, amounting to N1 per share and would be payable to shareholders on the register of the cement group as at the close of...
read more
Dangote Sugar Refinery Declares N26.70b Profit For 2020
March 2, 2021 No Responses

Dangote Sugar Refinery Declares N26.70b Profit For 2020

For the year ended December 31, 2020, Dangote Sugar Refinery Plc (DSR) recorded profit after tax of N26.70 billion. The company stated this in its audited result released on the floor of the Nigerian Stock Exchange on Monday.  The profit...
read more
United Capital Declares N12.87b Revenue, N7.81b Profit For 2020
February 23, 2021 No Responses

United Capital Declares N12.87b Revenue, N7.81b Profit For 2020

United Capital Plc on Monday announced gross earnings of N12.87 billion for the financial year ended Dec. 31, 2020.  The gross earnings represented an increase of 50 per cent when compared with N8.59 billion achieved in the corresponding period of...
read more
Nigerian Breweries Sets Aside N5.5b For 2020 Dividend
February 23, 2021 No Responses

Nigerian Breweries Sets Aside N5.5b For 2020 Dividend

For the financial year ended December 31, 2020, Nigerian Breweries Plc has declared a revenue of N337.01 billion, representing an increase of 4.3 per cent when compared to N323 billion recorded in the corresponding period of 2019.  In a statement...
read more
Hyundai Declares $1.18b Profit In 2020 Q4
January 27, 2021 No Responses

Hyundai Declares $1.18b Profit In 2020 Q4

Hyundai Motor reported on Tuesday a 57% jump in fourth-quarter profit, slightly below analyst estimates, backed by demand for high-margin sports-utility vehicles and its premium Genesis cars.The company explained that it recorded a net profit of 1.3 trill...
read more
Unity Bank Reports N33.9b Gross Earnings In Nine Months
November 22, 2020 No Responses

Unity Bank Reports N33.9b Gross Earnings In Nine Months

Unity Bank Plc has declared gross earnings of N33.90 billion for the nine months period ended September 30, 2020  as against N31.25 billion recorded in the same period in 2019.  Mrs Tomi Somefun, the bank’s Managing Director and Chief Executiv...
read more
Fidelity Bank Declares N20.3b Profit In Q3
November 4, 2020 No Responses

Fidelity Bank Declares N20.3b Profit In Q3

For the 2020 Third Quarter (Q3), Fidelity Bank Plc presented its results to the Nigerian Stock Exchange (NSE).    Details of the results show improvements in key indices though Gross Earnings dropped marginally by 3.7% from N161.1bn in 2019 to N...
read more
1 2 3 4 5 6 7