Analysis of the Zenith Bank Q3 and UBA’s Q2 Results
Analysis of the Zenith Bank Q3 Results and UBA’s Q2 Results by FSDH Securities .
UBA Q2 Results Analysis (40)
Zenith Q3 Results Analysis (42)
Analysis of the Zenith Bank Q3 Results and UBA’s Q2 Results by FSDH Securities .
UBA Q2 Results Analysis (40)
Zenith Q3 Results Analysis (42)
Here is a list of companies expected to announce their results soon.
| Company Name | Expected Result | When | |
| 1 | ACEN INSURANCE | Full Year, Dec. 2006 | Overdue |
| 2 | AIICO INSURANCE PLC | 6 months,June 2007 | Overdue |
| 3 | CONOIL PLC | 9 months, Sep. 2007 | Overdue |
| 4 | ADSWITCH PLC | 6 months, Oct. 2007 | Overdue |
| 5 | CADBURY NIGERIA PLC | Full Year, Dec. 2007 | Overdue |
| 6 | IBTC CHARTERED BANK PLC | 9 mths, Dec 2007 | Overdue |
| 7 | WEMA BANK PLC | 9 months, Dec. 2007 | Overdue |
| 8 | NAMPAK PLC | 3 Months, Dec. 2007 | March |
| 9 | ASHAKA CEM. PLC | Full Year, Dec. 2008 | April |
| 10 | DANGOTE SUGAR REFINERY | 3 mths, Mar 2008 | April |
| 11 | GUARANTY TRUST BANK PLC | Full year, Feb 2008 | April |
| 12 | MAY & BAKER NIGERIA PLC | Full Year, Dec. 2007 | April |
| 13 | LONGMAN NIGERIA PLC | Full Year. Dec. 2007 | May |
| 14 | MUTUAL BENEFITS ASSURANCE PLC | Full Year, Dec. 2007 | May |
| 15 | NIGERIA-GERMAN CHEMICALS PLC | 3 months Mar. 2007 | May |
| 16 | NIGERIAN BREWERIES PLC. | 3 months, Mar. 2008 | May |
| 17 | STANDARD ALLIANCE INSURANCE PLC | Full year, Dec. 2007 | May |
| 18 | U.B.A PLC. | 6 months, Mar. 2008 | May |
| 19 | DUNLOP NIGERIA PLC | Full Year, Dec. 2007 | June |
| 20 | INTERLINKED TECHNOLOGIES PLC | 6 months. Dec. 2007 | June |
| 21 | JULIUS BERGER NIG PLC | Full Year Dec. 2008 | June |
| 22 | PRESTIGE ASSURANCE CO. PLC | Full year, Dec. 2007 | June |
| 23 | VITAFOAM NIG PLC | 6 months, Mar. 2007 | June |
Here is a list of the anticipated financial results:
| COMPANY | PERIOD RESULT | DATE DUE |
| Acen Insurance Plc | Full Year – Dec 2007 | March 2008 |
| Afribank Nigeria Plc | 9 months– Dec. 2007 | January 2008 |
| Aiico Insuarnce Plc | Full Year– Dec 2007 | March 2008 |
| Arbico Plc | 9 months– Sept. 2007 | November 2007 |
| Cadbury Nigeria Plc | Full Year– Dec 2007 | January 2008 |
| Conoil Plc | Full Year– Dec 2007 | March 2008 |
| Cornerstone Insurance Plc | 9 months– Sept. 2007 | November 2007 |
| Crusader Insurance Plc | Full Year – Dec 2007 | March 2008 |
| Custodian & Allied Insurance Plc | Full Year – Dec 2007 | March 2008 |
| Capa & D’Albeto Plc | Full Year – Mar 2007 | June 2008 |
| Footwear Accessories Plc | Full Year – Dec 2007 | March 2008 |
| Evans Medical Plc | Full Year – Dec 2007 | March 2008 |
| Flour Mills Plc | 9 months– Dec. 2007 | January 2008 |
| Glaxo Smithkline Consumer Nig. Plc | Full Year – Dec 2007 | March 2008 |
| Julius Berger Nigeria Plc | Full Year– Dec. 2007 | March 2008 |
| Lasaco Insurance Plc | Full Year– Dec 2007 | March 2008 |
| Mutual Benefit Plc | Full Year – Dec 2007 | March 2008 |
| Northern Nigerian Flour Mills Plc | 9 months– Dec. 2007 | January 2008 |
| Roads Nigeria Plc | 9 months– Dec. 2007 | January 2008 |
| RT Briscoe Plc | Full Year– Dec 2007 | March 2008 |
| UACN Plc | Full Year – Dec 2007 | March 2008 |
| Unilever Nigeria Plc | Full Year– Dec. 2007 | March 2008 |
| Ecobank Plc | Full Year– Dec. 2007 | March 2008 |
| SOURCE: MERISTEM RESEARCH |
DEAPCAP: HALF YEAR MARCH 31 2008
DEAP CAPITAL MGT & TRUST PLC. 2ND QUATER RESULTS ENDED 31-03-08.
TURNOVER 08 N755.9M 07 N220.7M
PBT 08 N496.85M 07 N87.13M
TAXATION 08 (N74.5M) 07 (N11.29M)
PAT 08 N422.32M 07 N75.84M
UTC: YEAR END 2007
UTC NIGERIA PLC. 2007 AUDITED ACCOUNT.
TURNOVER 07 N1.46B 06 N0.951B
EI 07 NIL 06 N101.0M
PBT 07 N40.1M 06 N54.3M
TAXATION 07 (N2.6M) 06 (N1.75M)
PAT 07 N37.56M 06 N52.56M
BONUS 1:10
FSDH has prepared a report on both Skye and Oceanic Banks.
Both banks recently released impressive results for the quarter just ended.
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
- Seeking to accept additional 25% of the offer size as a result of over subscription.
Oceanic Bank Report
- Gross Earnings increased 128% to N66.7billion.
- Profit Before Tax increased 151% to N25billion.
- Profit After Tax increased to N20billion
- Improvement in cost structure