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Intercontinental Bank has release results for FY ‘08 . And has become the norm, declared some humongous profits. The results and the statement from the bank are below:
INTERCONTINENTAL BANK PLC.
2008 AUDITED ACCOUNT.
2008
2007
TURNOVER
N173.5B
N87.3B
PBT
N45.6B
N22.5B
TAX
N10.8B
N7.0B
PAT
N34.7B
N15.4
Intercontinental Bank Consolidates Leadership Position With Asset Base at 1.7 Trillion
Intercontinental Bank Plc, has announced its financial results for the year ended February [...]
Results for Ikeja Hotel, Nigerian Ropes, Mutual Benefits Assurance, Vitafoam, Total and Staco Insurance:
IKEJA HOTEL PLC
UNAUDITED 1ST QUARTER RESULT FOR THE PERIOD ENDED 31-03-2008
2007
2008
TURNOVER
N1.558b
N1.320b
PBT
N380.0m
N272.146m
TAX
(N121.611m)
(N87.087m)
PAT
N258.424m
N185.059m
NIGERIAN ROPES PLC
YEAR ENDED DECEMBER 31, 2006
2006
2005
TURNOVER
N450.707m
N417.564m
PBT
N37.074m
N24.791m
TAX
(N14.320m)
(N10.554m)
PAT
N22.754m
N14.237m
MUTUAL BENEFITS ASSURANCE PLC
YEAR ENDED 31ST DECEMBER 2007
2007
2006
GROSS PREMIUM
N2.210b
N1.947b
PBT
N1.218b
N742.304m
TAX
(N180.616m)
(N40.084m)
PAT
N1.037b
N702.220m
PROPOSED DIVIDEND/SHARE 6KOBO
CLOSURE [...]
Results for Interlinked Technologies, NASCON, and Nigerian Enamelware PLC.
INTERLINKED TECHNOLOGY PLC:
UNAUDITED HALF-YEAR RESULT ENDED 31 DECEMBER 2007.
2007
2006
TURNOVER
N67.9m
N27.0m
PBT
N26.4m
N1.8m
TAX
N5.5m
N0.569m
PAT
N20.9m
N1.2m
NATIONAL SALT COMPANY OF NIGERIA PLC:
AUDITED ACCOUNT FOR THE YEAR ENDED DECEMBER 31, 2007.
2007
2006
TURNOVER
N6.3b
N13.4m
PBT
N1.8b
N(14.9m)
TAX
(N492.5m)
PAT
N1.3b
(N14.9m)
PROP. DIV. DEC 07 N0.40K PROP.
BONUS ISSUE 1 FOR 5
CLOSURE OF [...]
In: business| company results
22 May 2008Attached is FSDH Securities’ analysis of Dangote Sugar for the first quarter.
Here are the highlights:
4% growth in turnover from N20.063billion to N20.9billion
24.7% growth in profit before tax to N8.93billion from N7.15billion
24.63% growth in profit after tax to N6.69billion from N5.36billion
Reduction in cost as percentage of business
Decrease in cost of goods [...]
In: Market Analysis| News
20 May 2008Analysis of the Zenith Bank Q3 Results and UBA’s Q2 Results by FSDH Securities .
In: News| business| company results
19 May 2008Results for John Holt, UACN Properties and Presco PLC
JOHN HOLT PLC AUDITED RESULT FOR THE YEAR ENDED 30TH SEPTEMBER 2007
YEAR END SEPT 2007
2007
2006
TURNOVER
N16.551b
N11.927b
PBT
N95m
(N376m)
TAX
(N57m)
(N100m)
PAT
N38m
(N476m)
CLOSURE OF REGISTER 18TH JULY 2008
UACN -PROPERTY DEVELOPMENT PLC, UNAUDITED FIRST QUARTER RESULT FOR THE PERIOD ENDED MARCH 31, 2008
1ST QTR MAR 2008
2008
2007
TURNOVER
N1.638b
N1.075b
PBT
N545.651m
N300.942m
TAX
(N174.604m)
(N96.301m)
PAT
N371.043m
N204.641m
PRESCO PLC, [...]
In: News| company results
16 May 2008Below are the results for UBA, Sterling Bank and Equity Assurance:
UBA PLC
AUDITED HALF YEAR ACCOUNT FOR THE PERIOD ENDED MARCH 31, 2008
2008
2007
GROSS EARNINGS
N78.103b
N46.883b
EXCEPTIONAL ITEMS
(N1.740b)
PBT
N20.125b
N11.761b
TAX
(N1.705b)
(N996m)
PAT
N18.420b
N10.765b
PROPOSED DIVIDEND
25K
PROPOSED BONUS 1 FOR 2
CLOSURE DATE 2ND JUNE TO 4TH JUNE 2008
EQUITY [...]
In: News| business| company results
15 May 2008BERGER PAINTS NIGERIA PLC ,
AUDITED ACCOUNTS FOR THE YEAR ENDED 31-12-2007
2007
2006
TURNOVER
N2.275b
N2.300b
PBT
N211.907m
N110.386m
TAXATION
(N99.288m)
(N28.708m)
PAT
N112.619m
N81.678m
CLOSURE DATE 9TH TO 12TH JUNE 2008
NOTE: AGM AT SHELL NIGERIA HALL OF MUSON CENTRE 8/9 MARINA LAGOS ON THE TUESDAY 8TH JULY 2008 AT 11.00A.M.
IPWA PLC
UNAUDITED RESULT FOR [...]
In: News| business| company results
14 May 2008New company results for Oando, Consolidate Hallmark Insurance, Dangote Sugar, Poly Producs
CONSOLIDATED HALLMARK INSURANCE PLC, 1ST QUARTER RESULTS FOR THE PERIOD ENDED 31ST MARCH 2008
1ST QTR MAR 2008
2008
2007
GROSS PREMIUM
N714.155m
N249.041m
PBT
N320.587m
N85.343m
TAXATION
(N57.086m)
(N400.000.00)
PAT
N263.500m
N84.943m
POLY PRODUCTS NIGERIA PLC UNAUDITED RESULT FOR HALF YEAR ENDED 30TH SEPTEMBER 2007
HALF [...]
In: business| company results
12 May 2008Consolidated Hallmark posted its 1st Quarter results for the period ended March 31, 2008. The company recorded 186.8% and 210.2% growths in Gross premium and PAT.
CONSOLIDATED HALLMARK INSURANCE PLC
UNAUDITED FIRST QUARTER RESULTS FOR THE PERIOD ENDED MARCH 31, 2008
PERIOD
2008
2007
Absolute CHG
% CHG
GROSS PREMIUM (N’ m)
714.16
249.04
465.12
186.8%
PBT(N’ m)
320.59
85.34
235.25
275.6%
TAX (N ‘m)
-57.09
-0.40
-56.69
14171.5%
PAT (N’ m)
263.50
84.94
178.56
210.2%
PROFIT MARGIN
37%
34%
In: business| company results
8 May 2008The following companies have released their results:
John Holt (1st Qtr), Guiness (3rd Qtr), Glaxo Smithkline (1st Qtr), Morison Industries (1st Qtr), and CAP Plc (1st Qtr).
1ST QTR RESULTS ENDED DEC 31, 2007
JOHNHOLT PLC, 1ST QUARTER RESULT FOR THE PERIOD ENDED 31ST DECEMBER 2007
2007
2006
TURNOVER
N5.292b
N3.603b
P(LOSS)BT
N148m
(N67m)
TAXATION
(N15m)
(N19m)
P(LOSS)AT
N133m
(N86m)
3RD QTR MARCH 2008
GUINNESS NIGERIA [...]
UAC Nigeria Plc declares results dividend of N1.20k
UAC NIGERIA PLC. AUDITED YEAR-END RESULT FOR THE PERIOD ENDED 31 DEC 2007
2007 N’b
2006 N’b
CHANGE N’b
% CHANGE
TURNOVER
31.478
28.403
3.075
10.83
EXCEPTIONAL ITEMS
-0.300 [...]
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