Ajibola Akamo, Author at NAIRAMETRICS| COMPANY EARNINGS

MAY & BAKER NIGERIA PLC Records a Revenue of N8.06 Billion in Q3 2021

MAY & BAKER NIGERIA PLC released its unaudited financial results for the third quarter of the year ended 30th of September 2021.

Revenue during the period was N8.06 billion. (+25.26% YoY)
Cost of sales stood at N4.35 billion. (+16.29% YoY)
Distribution, sales and marketing expenses for the period was N1.31 billion. (+39.20% YoY)
Administrative expenses of N772.55 million was recorded. (+23.77% YoY)
Profit before tax stood at N1.30 billion (+29.44% YoY)
Total assets during the period stood at N5.98 billion. (-412.70 Mn YoY)
Profit for the period was N882.4 million (-29.44% YoY)
Earnings per share of 5,115 kobo Vs 3,952 kobo YoY.

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NEM Insurance PLC has released its unaudited financial statement for the third quarter ended 30th of September 2021.

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MRS Oil Nigeria Plc released its unaudited financial results for the third quarter of the year ended 30th of September 2021.

Revenue during the period was N53.23 billion. (+66.35% YoY)
Cost of sales stood at N49.69 billion. (+68.27% YoY)
Selling and Distribution costs for the period was N1.05 billion. (+40.95% YoY)
Administrative expenses of N3.44 billion was recorded. (+11.60% YoY)
Profit before tax was N40.82 million (+103.82%)
Total assets during the period stood at N35.34 billion. (-1.32 bn YoY)
Profit after tax was N40.82 million. (+104.64% YoY)
Earnings per share of 13 kobo Vs -289 kobo YoY.

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Custodian Investment Plc released its unaudited financial results for the third quarter of the year ended 30th of September 2021.

Gross revenue during the period was N65.20 billion. (+13.34% YoY)
Interest income stood at N8.37 billion. (+8.82% YoY)
Operating and investment income for the period was N56.83 billion. (+14.04% YoY)
Operating expenses of N36 billion was recorded. (+8.00% YoY)
Net income of N33.30 billion was recorded. (+1,312.62% YoY)
Profit before tax was N6.85 billion (-6.50% YoY)
Total assets during the period stood at N181.11 billion. (+4.95 bn YoY)
Profit after tax was N5.02 billion. (-16.88% YoY)
Earnings per share of 91 kobo Vs 99 kobo YoY.

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NCR (NIGERIA) PLC released its unaudited financial results for the third quarter of the year ended 30th of September 2021.

Revenue during the period was N1.96 billion. (-48.95% YoY)
Cost of sales stood at N1.57 billion. (-54.66% YoY)
Distribution expenses for the period was N126.80 million. (-32.39% YoY)
Administrative expenses of N84.98 million was recorded. (-11.82% YoY)
Profit for the period was N25.30 million (-66.73%)
Total assets during the period stood at N5.98 billion. (-412.70 Mn YoY)
Earnings per share of 23 kobo Vs 70 kobo YoY.

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Nigerian Exchange Group Plc has released its unaudited financial statement for the third quarter ended 30th of September 2021.

Revenue during the period stood at N4.39 billion (+15.93% YoY)
Total Income during the period stood at N4.86 billion (+20.74% YoY)
Total Expense during the period was N4.15 billion. (+12.24% YoY)
Operating Profit for the period was N710.31 million. (+116.6% YoY)
Profit before income tax for the period was reported as N1.73 billion. (+26.50%)
Profit after tax for the period was N1.51 billion. (+10.55%)
Total assets during the period stood at N36.05 billion. (+940.6 Mn YtD)
Total liability during the period stood at N3.26 billion. (+569.20 Mn YtD)

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Abbey Mortgage Bank Plc has released its unaudited financial statement for the third quarter ended 30th of September 2021.

Gross earnings during the period stood at N2.7 billion (+147.49% YoY)
Interest income during the period was N2.4 billion. (+137.5% YoY)
Interest expense for the period was N1.1 billion. (+116.8% YoY)
Fee and commission income during the period was N48.9 million. (+269.35% YoY)
Net operating income of N1.56 billion was recorded. (+220.59% YoY)
Profit before income tax for the period was reported as N592.9 million. (+241.92%)
Profit after tax for the period was N474.3 million. (+212.09%)
Loans and advances to customers for the period was N6.7 billion (+40.29 YoY)
Total assets during the period stood at N31.9 billion. (+13.b bn YtD)
Earnings per share of N9.79 kobo Vs -N8.73 kobo.

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