Category: Results

Axa Mansard Plc reported a Net Premium Income of N33.3 billion for the year ended December 2020. This represents an 18.5% increase from the N28 billion reported same period in 2019.

• Total claims paid during the year was N19.9 billion compared to N17.5 billion claims paid a year earlier. +13.7% YoY
• The insurance firm also reported an underwriting profit of N7.5 billion compared to N6.1 billion a year earlier. +22.95% YoY.
• Profit after tax for the year was N4.2 billion compared to N2.9 billion reported a year earlier. +44.83% YoY.
• Earnings per share for the year printed at 20kobo per share compared to 26 kobo per share. –23.08% YoY.
• Axa Mansard is yet to publish any detail on proposed dividends.
• The company share price of N1.4 as of when the result was released. +33% YTD.

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Fidelity Bank Plc released its full year 2020 interim results showing Net Interest Income of N104 billion up from 25.3% from the N83 billion reported a year earlier.

• Net interest income after adjusting for loan impairments fell to N88.3 billion from N88.34 billion representing a 0.04% drop year on year.
• The bank reported a profit after tax of N28 billion in 2020 compared to N28.4 billion a year earlier. –1.4% YoY
• Earnings per share for the period under review is 97 kobo from 98 kobo. +1%YoY
• No dividend announcement was made in their press release.
• The company share price of N2.7 as of when the result was released. It is up 8% year to date.

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Red Star Express Plc released its 2020 9M results reporting a revenue of N6.59 billion representing a 15.89% decline from the N7.84 billion revenue reported a year earlier.

• Operating expenses during the quarter was N1.25 billion in 2020 compared to N1.28 billion same period in 2019. –2.26% YoY
• The company reported a loss after tax of N2.44 million in 2020 compared to N377.52 million profit after tax in 2019.
• It reported a loss per share of –0 kobo in 2020 compared to 64 kobo earnings per share reported in 2019.
• No dividend announcement was made in their press release.
• The company share price of N3.40, down 0.87% YTD.

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Julius Berger Plc released its 2020 FY results reporting a revenue of N242.46 billion representing an 8.35% decline from the N264.56 billion revenue reported a year earlier.

• Operating expenses during the year was N41.34 billion in 2020 compared to N58.96 billion in 2019. –29.88% YoY
• The company reported a profit after tax of N1.36 billion in 2020 compared to N10.30 billion profit after tax in 2019. –86.83% YoY.
• It reported an earnings per share of N4.79 in 2020 compared to N8 earnings per share reported in 2019. –40.13% YoY.
• No dividend announcement was made in their press release.
• The company share price of N21, up 17.98% YTD.

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Livestock Feeds Plc released its 2020 FY results reporting a revenue of N11.18 billion representing a 12.30% increase from the N9.96 billion revenue reported a year earlier.

• Operating expenses during the year was N675.84 million in 2020 compared to N623.01 million in 2019. +8.48% YoY
• The company reported a profit after tax of N354.12 million in 2020 compared to N106.35 million profit after tax in 2019. +232.97% YoY.
• Earnings per share for the year printed at 11.80 kobo per share compared to 3.55 kobo per share. +232.39% YoY.
• No dividend announcement was made in their press release.
• The company share price of N2.55, up 83.45% YTD.

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Fidson Healthcare Plc released its 2020 FY results reporting a revenue of N18.28 billion representing a 29.97% increase from the N14.06 billion revenue reported a year earlier.

• Operating expenses during the year was N5.82 billion in 2020 compared to N3.92 billion in 2019. +48.50% YoY
• The company reported a profit after tax of N1.18 billion in 2020 compared to N407.19 million profit after tax in 2019. +190.18% YoY.
• No dividend announcement was made in their press release.
• The company share price of N6.15, up 4.02% YTD.

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Okomu Plc released its 2020 FY results reporting a revenue of N23.41 billion representing a 24.08% increase from the N18.87 billion revenue reported a year earlier.

• Operating expenses during the year was N7.19 billion in 2020 compared to N5.61 billion in 2019. +28.14% YoY
• The company reported a profit after tax of N7.39 billion in 2020 compared to N5.05 billion profit after tax in 2019. +46.30% YoY.
• It reported an earnings per share of N7.74 in 2020 compared to N5.29 earnings per share reported in 2019. +46.31% YoY.
• No dividend announcement was made in their press release.
• The company share price of N93, up 2.20% YTD.

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NCR Nigeria Plc released its 2020 FY results reporting a revenue of N5.13 billion representing a 15.53% decline from the N6.07 billion revenue reported a year earlier.

• Operating expenses during the year was N186.58 million in 2020 compared to N660.95 million in 2019. –71.77% YoY
• The company reported a profit after tax of N156.83 million in 2020 compared to N56.50 million loss after tax in 2019.
• It reported an earnings per share of N1.45 in 2020 compared to N8.79 loss per share reported in 2019.
• No dividend announcement was made in their press release.
• The company share price of N3.12, up 59.18% YTD.

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UACN Plc released its 2020 FY results reporting a revenue of N81.59 billion representing a 3.02% increase from the N79.20 billion revenue reported a year earlier.

• Operating expenses during the year was N13.11 billion in 2020 compared to N13.03 billion in 2019. +0.64% YoY
• The company reported a profit after tax of N3.86 billion in 2020 compared to N5.35 billion in 2019. –27.82% YoY.
• It reported an earnings per share of N85 in 2020 compared to N132 earnings per share reported in 2019. –35.61% YoY.
• No dividend announcement was made in their press release.
• The company share price of N8.75, down 17.45% YTD.

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