Author: Chidinma Anyalewechi

Unilever Plc notifies The Exchange of resignation of Mrs Adesola Sotande-Peters

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Unilever Nigeria Plc has notified the Exchange of the resignation of Mrs Adesola Sotande-Peters from its board of directors.

In a notice signed by the company’s secretary, Abidemi Ademola, and filed with the exchange, the company announced her resignation from the board of directors effective from December 16, 2021.

The notice further thanks Mrs Sotande-Peters for her service and contribution towards the growth of the company.

What you should know about Mrs Sotande-Peters

Mrs Adesola Sotande-Peters has served on the board of directors of Unilever Nigeria Plc for the past seven years as the Executive Board Director of Unilever Nigeria. She is the first Nigerian and first female Vice President, Finance in the almost 100 years of Unilever Nigeria and Ghana.

In addition, she oversees the Controls and Governance agenda in Unilever Africa, providing strategic financial leadership. She is also a Non-Executive Board Director of Unilever Ghana.

See disclosure here

Cadbury Nig Plc reports Revenue of N47.47 billion in the third quarter ended September 30, 2021

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Cadbury Nig Plc released its unaudited financial results for the third quarter ended 30th of September, 2021.

  • Revenue for the period was N11.52 billion. (+16.66% YoY)
  • Cost of Sales totalled N8.08 billion. (+2.16% YoY)
  • Gross Profit for the period was recorded as N3.45 billion (+74.74%)
  • An operating profit of N2.44 billion was recorded. (+480.07% YoY)
  • Net finance income totalled N239.46 million. (+615.03% YoY)
  • Profit before tax of N2.68 billion (+490.03% YoY)
  • Profit after tax was N2.03 billion. (+538.77% YoY)
  • Earnings per share of N1.08 kobo Vs N0.17 kobo YoY
  • Total assets during the period under review was N42.28billion. (+9.07bn YtD)

See link to results

Guinness Nig Plc reports Revenue of N47.47 billion in the quarter ended September 30, 2021

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Guinness Nig Plc released its unaudited financial results for the quarter ended 30th of September, 2021.

  • Revenue for the period was N47.47 billion. (+58.10% YoY)
  • Cost of Sales totalled N32.23 billion. (+40.06% YoY)
  • Gross Profit for the period was recorded as N15.24 billion (+117.32%)
  • An operating profit of N6.51 billion was recorded. (+1,009.72% YoY)
  • Net finance cost totalled N559.57 million. (-38.09% YoY)
  • Profit before tax of N5.95 billion (+1,973.15% YoY)
  • Profit after tax was N4.04 billion. (+580.47% YoY)
  • Earnings per share of N1.85 kobo Vs -N0.38 kobo YoY
  • Total assets during the period under review was 182.51billion. (+13.10bn YtD)

See link to results

TRANSCORP HOTEL reports N855 million as net profit in Q3 2021

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Transcorp Hotel Plc released its unaudited financial results for the third quarter ended 30th of September, 2021.

  • Revenue for the period was N5.83 billion. (189.88% YoY)
  • Cost of Sales totalled N1.46 billion. (+93.57% YoY)
  • An operating profit of N1.81 billion was recorded. (+514.21% YoY)
  • Profit before Tax of N855 million (+142.66% YoY)
  • Profit after tax was N852 million. (+142.51% YoY)
  • Total assets during the period under review was 115.38 billion.

See link to results

Airtel Africa Plc reports net profit of $192 million in the quarter ended September 30,2021

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Airtel Africa Plc released its unaudited financial results for the quarter ended 30th of September, 2021.

  • Revenue for the period was $1.16 billion. (+20.21% YoY)
  • Expenses totalled $599 million. (+12.38% YoY)
  • An operating profit of $380 million was recorded. (+45.04% YoY)
  • Capital expenditure totalled $139 million. (-6.71% YoY)
  • Operating free cash flow of $425 million (+48.08% YoY)
  • Profit after tax was $192 million. (+118.18% YoY)
  • Earnings per share of 4.3 cents Vs 1.9 cents YoY
  • Total customer base during the period under review was 122.7 million.

See link to results

Transcorp Plc reports 619.54% growth in Profit After Tax for Q3 2021

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

  • Revenue during the period was N32.33 billion. (+66.44% YoY)
  • Cost of sales stood at N16.47 billion. (+44.46% YoY)
  • Operating profit for the period was N11.19 billion. (+85.87% YoY)
  • Net Finance Cost of N4.11 billion was recorded. (-16.55% YoY)
  • Profit before tax of N7.08 billion was recorded during the period.
  • Profit for the period stood at N6.96billion (+619.54%)
  • Total assets during the period stood at N355.55 billion. (+17.35 Bn YtD)
  • Earnings per share of 9.66 kobo Vs –0.63 kobo YoY.

See full result here

CAP Plc reports revenue of N3.41 billion in unaudited third quarter result

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

  • Revenue during the period was N3.41 billion. (+36.46% YoY)
  • Cost of sales stood at N2.45 billion. (+67.13% YoY)
  • Operating profit for the period was N121.51 million. (-69.96% YoY)
  • Finance income of N31.96 million was recorded. (-51.84% YoY)
  • Profit before tax of N153.14 million was recorded during the period.
  • Profit for the period stood at N104.14million (-67.48%)
  • Total assets during the period stood at N10.33 billion. (+1.81 Bn YtD)
  • Earnings per share of 13 kobo Vs 46 kobo YoY.

See full result here

 

Honeywell FlourMills Plc reports revenue of N34.85 million in second quarter result

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Honeywell FlourMills Plc released its unaudited financial results for the second quarter of the year ended 30th of September 2021.

  • Revenue during the period was N34.85 billion. (+14.21% YoY)
  • Cost of sales stood at N31.88 billion. (+22.79% YoY)
  • Gross profit for the period was N2.97 billion. (-34.69% YoY)
  • Operating profit of N1.65 billion was recorded. (-15.31% YoY)
  • Net finance expense of N1.35 billion was recorded during the period.
  • Profit for the period stood at N203 million (+27.67%)
  • Total assets during the period stood at N166.76 billion. (+19.37 Bn YtD)
  • Earnings per share of 2.56 kobo Vs 2.01 kobo YoY.

See full result here

McNichols Consolidated Plc releases outcome of the Board of Directors Meeting

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Through a notice filed with the Nigerian Exchange Limited (NGX), McNichols Consolidated Plc has notified the investing public and the Nigerian Exchange Limited (NGX) of the outcome of the meeting held on October 26, 2021 by the board of directors.

The notice which was signed by the company’s secretary, Mrs. Benedicta Sadare, disclosed that the Board of Directors of McNichols have approved the company’s 2021 third quarter unaudited financial statements (July to September 2021).

In addition, the disclosure stated that the third quarter Unaudited Financial Statements will be filed via the Issuer’s portal on or before Saturday, October 30, 2021

See notice here.

Livestock Feeds Plc reports Net profit of N82.64 million in Q3 2021 

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

  • Revenue from contracts with customers during the period was N3.72 billion. (+21.18% YoY) 
  • Cost of sales stood at N3.36 billion. (+27.04% YoY) 
  • Gross profit for the period was N356.10 million. (-15.59% YoY) 
  • Operating Profit of N158.16 million was recorded. (-29.38% YoY) 
  • Profit for the period stood at N82.64 million (-36.66%) 
  • Total assets during the period stood at N5.22 billion. (+1.26Bn YtD) 
  • Earnings per share of 2.75 kobo Vs 6.40 kobo YoY. 

See full result here