25 C
Lagos, South Africa and New York
Thursday, November 26, 2020

Lekoil reports 34% net loss in FY’20

Nigeria’s indigenous oil and gas exploration and production company, Lekoil, has announced net loss of $7.9 million in its unaudited interim results for the six months ended 30, June 2020. The company’s loss in the first six months of 2020 increased by 34 per cent,...

Jaiz Bank sees 47.7% rise in PAT to N1.85Bn in Q3

Jaiz Bank Plc, Nigeria’s premier non-interest bank, grew pre-tax profit by 44 per cent to N2.13 billion in the third quarter. Key extracts of the nine-month results for the period ended September 30, 2020 Profit before tax was N2.13 billion compared to N1.47 billion realised in...

11 PLC Revenue Declined by 18.91% in Q3-2020 following Oil Price Crisis

11 PLC Q3-2020 financials shows an 18.91% decline in gross revenue from N141.51bn recorded in Q3-2019 to N114.75 in the current period on the back of the global oil crisis triggered by COVID-19 pandemic. Cost of sales however declined by 17.87% indicating a 1.28%...

BUA Cement Posts Impressive Q3, 2020 Financial Results As Revenue Hits N156.6Bn

BUA Cement, one of Africa’s largest cement producers, has declared revenues of N156.6billion in its 2020 third quarter (Q3) financial results for the 9-months ended, September 2020 – an increase of 21% from N129.4billion in the corresponding period of 2019. This was announced in a...

MTN Nigeria Q3 Revenue Driven By Surge in Data Revenue in Q3 2020

MTN Nigeria Q3-2020 financials shows impressive growth in gross earnings by 14.38% from N856.55 billion in Q3-2019 to N979.76 billion in the current period. The growth in revenue was majorly supported by a surge of 48.90 % in data revenue and a 4.67% increase in...

Seplat reports revenue dip N136bn in Q3 2020 Results

Lagos and London, 30 October 2020: Nigerian leading independent energy company Seplat Petroleum Development Company Plc, listed on both the Nigerian Stock Exchange and the London Stock Exchange, announces its unaudited results for the nine months ended 30 September 2020. Seplat reports revenue dip...

United Capital sees 26% rise in PAT to N3.46bn

In its latest 9M’2020 earnings result published on Thursday 22nd October 2020, United Capital Plc (referred to here as the “the company”), one of Nigeria’s leading investment banking group grew its Gross Earnings and Net Income (i.e. PAT) by 33% and 26% respectively to...

Stanbic IBTC reports Q3’20 revenue surge to N66.2bn

Stanbic IBTC Holdings Plc, has reported that its revenue for the nine months period ended 30 September, 2020 rose to N66.2 billion, up by 19.10 per cent from the N55.6 billion revenue recorded in the same period of 2019. It also reported an improvement of...

Lafarge Africa records 37% rise in Q3 profit

Lafarge Africa, a cement maker, recorded a strong net income growth in the first nine months of 2020. The company posted a 37 percent surge in net profit year-on-year at N28.19 billion in its third quarter results for the period ended September 30. The cement...
WP to LinkedIn Auto Publish Powered By : XYZScripts.com
Open chat
Discuss your story with us