Tag: 9M 2024
-
While Zenith had decent 9M 2024 gross earnings and profit, stage 2 impairment provisions are a concern. About the bank Zenith Bank Plc was incorporated in Nigeria under the Companies and Allied Matters Act as a private limited liability company on May 30, 1990. It was granted a banking licence in June 1990, and commenced…
-
Higher raw materials cost led to a drop in profit in Q3 2024 for NASCON (Dangote Salt) About the firm Nascon Allied Industries Plc (Formerly known as National Salt Company of Nigeria) was incorporated in Nigeria as a limited liability Company on 30 April 1973. It was fully privatised in April, 1992 and became listed…
-
About the firm Livestock Feeds Plc was incorporated on 20th March,1963 and commenced business on 20th May, 1963. The Company was quoted on the Nigerian Stock Exchange in 1978. The Company is engaged principally in the manufacturing and marketing of animal feeds and concentrates. Other products include veterinary drugs which are bought from other Companies…
-
Okomu Oil dropped its 9M 2024 results yesterday after trading hours. There was topline and bottom line growth. About the firm Okomu Oil Palm was incorporated on December 3 1979 as a private firm. It converted to a public firm on September 19, 1997. Total number of shares issued is 953,900,000. Socfina of Luxembourg is…
-
Seplat Energy this morning dropped its results for the 9 months ended September 2024. That means January to September 2024. What does Seplat do? Seplat was formed in June 2009 through the partnership of Shebah Petroleum Development Company Limited and Platform Petroleum Joint Ventures Limited. The firm plays in the upstream oil and gas space…
-
About the company Nigerian Breweries Plc, was incorporated in Nigeria on the 16th November 1946, under the name, Nigerian Brewery Limited. The name was changed on 7th January 1957, to Nigerian Breweries Limited and thereafter to Nigerian Breweries Plc in 1990 when the Companies and Allied Matters Act of that year took effect. Heineken N.V, …
-
While profits are up year on year, costs have squeezed Unilever Nigeria operating margins for the nine months ended September 2024. About the firm Lever Brothers (West Africa) Ltd began trading soap in Nigeria in 1923. The company later started to sell food and laundry products, introducing Omo in 1960 and opening a production facility…