Posts Tagged ‘earnings

Here are the stats for the top gainers and losers and earnings releases for the week ended Feb 12th 2010

Courtesy of Proshare NG, here are the corporate earnings announcements for this week:

Corporate Earnings Releases For Week Ended Nov 13th 2009 (86)

Proshare NG reports that profit at Nigerian International Bank, a subsidiary of Citigroup declined 10% in the year ended December 31st, 2007.
Here is the report below:
Profit after Tax (PAT) of Nigeria International Bank Limited (NIB) a subsidiary of Citigroup in Nigeria has declined by 10.05 percent in its result for the year ended December 31, [...]

The 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 [...]

R.T BRISCOE (NIGERIA) PLC
1ST QUARTER RESULTS FOR THE PERIOD ENDED 31ST MARCH 2008
TURNOVER  08 N4.354b,       07 N3.836b
PBT             08 N267.551m,  07 N219.901m
TAXATION  08 (N85.616m)   07 (N70.368m)
PAT            08 N181.935m,  07 N149.533m

NIGERIAN AVIATION HANDLING COMPANY PLC,
UNAUDITED ACCOUNTS FOR THE PERIOD ENDED 31ST MARCH 2008 TURNOVER 08 N1.218b, 07 852.742m
PBT     08 N306.715m,  07 N167.658m
TAXA  08 (N98.149m)  07 (N53.651m)
PAT    08 N208.566m,  07 N114.007m

CCNN (Cement Company of Northern Nigeria)PLC
1ST QUARTER RESULTS FOR THE PERIOD ENDED 31ST MARCH 2008
GROSS REV                  07 N2.535b        08 N2.191b
PRODUCTION COST    07 N1.799b,       08 N1.467b
GROSS PROFIT            07 N404.897m,   08 N446.351m
SALES/ADMIN COST   07 N324.512m,   08 N318.721m
NET P(Loss)AT           07 (N18.267m)    08 N135.321m

UNILEVER NIGERIA PLC, RESULT FOR 3 MONTHS ENDED 31 MARCH 2008
TURNOVER        08 N9.690b,   07 N8.290b
PBT                   08 N1.582b,   07 N441m
TAXATION       08 (N506m)    07 (N141m)
PAT                  08 N1.076b,   07 N300m

STACO INSURANCE PLC, AUDITED ACCOUNT FOR THE YEAR ENDED 31 DECEMBER 2007
TURNOVER      07 N2.813b,        06 N1.636b
PBT                 07 N868.177m,   06 N546.905m
TAXATION      07 (N110.194m)   06 (N55.442m)
PAT                [...]

FSDH has prepared a report on both Skye and Oceanic Banks.
Both banks recently released impressive results for the quarter just ended.
Here are a few facts:
Skye Bank Review
- Gross Earnings increased by over 60% to N27.6billion
- Profit Before Tax increased 282% to N7.7billion
- Profit After Tax increased 337% to N7.6billion.
- Bank is vigorously pursuing cost cutting
- [...]


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