Aluminium Extrusion Industries Plc reports net loss of N11.53 million in Q3 2021

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

  • Revenue during the period was N655.99 million. (+185.51% YoY)
  • Cost of sales stood at N603.87 million. (+288.40% YoY)
  • Gross profit for the period was N52.12 million. (-29.83% YoY)
  • Administrative and Finance cost of N57.96 million was recorded. (+42.41% YoY)
  • Loss for the period stood at N11.53 million (-127.82%)
  • Total assets during the period stood at N2.55 billion. (-20.52 Mn YtD)
  • Earnings per share of 0 kobo Vs 19 kobo YoY.

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Abbey Mortgage Bank Plc reports gross earnings of N2.7 billion in Q3 2021

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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Morison Industries Plc reports revenue of N113.5 million in Q3 2021

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

  • Revenue during the period was N113.5 million. (+15.55% YoY)
  • Cost of sales stood at N80.2 million. (+26.61% YoY)
  • Distribution costs for the period was N18.5 million. (+10.33% YoY)
  • Operating expenses of N93.9 million was recorded. (+5.47% YoY)
  • Loss for the year stood at N55.01 million (+18.27%)
  • Total assets during the period stood at N417.4 million. (+28.7 Mn YoY)
  • Loss per share of -0.06 kobo Vs -0.05 kobo YoY.

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Guaranty Trust Holding Company Plc reports 4.11% growth in Net Profit for third quarter ended 30 September, 2021

Guaranty Trust Holding Company Plc has released its unaudited financial statement for the third quarter ended 30th of September, 2021.

  • Interest income during the period was N68.94 billion. (-7.48% YoY)
  • Interest expense for the period was N13.06 billion. (+5.32% YoY)
  • Loan impairment charges for the period was N1.28 billion
  • Fee and commission income during the period was N18.32 billion. (+67.39% YoY)
  • Fee and commission expense of N3.34 billion was recorded.
  • Profit before income tax for the period was reported as N58.85 billion. (+2.11%)
  • Profit after tax for the period was N49.99 billion. (+4.11%)
  • Total assets during the period stood at N5.14 trillion. (+119 bn YtD)
  • Earnings per share of N1.78 kobo Vs N1.71 kobo.

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AIICO lnsurance Plc reports Unaudited Interim report for the period ended 30 September, 2021

AIICO Insurance Plc has released its unaudited interim report and financial statement for the third quarter ended 30th of September, 2021.

  • Gross premium written during the period was N54.67 billion. (+15.84% YoY)
  • Gross premium income for the period was N51.44 billion. (+16.56% YoY)
  • Net Premium income for the period was N42.96 billion
  • Underwriting profit during the period was N29.74 billion. (+233% YoY)
  • Other expenses of N15.45 billion was recorded.
  • Profit after tax from discontinued operation was reported as N2.37 billion.
  • Profit for the period was N2.43 billion.
  • Total assets during the period stood at N212.25 billion. (-30.84 mn YtD)
  • Earnings per share of 15 kobo Vs 45 kobo.

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Ikeja Hotel Plc reports Unaudited Interim report for period ended 30 September, 2021

Ikeja Hotel Plc has released its unaudited group financial statement for the third quarter ended 30th of September, 2021. 

  • Revenue during the period was N2.84 billion. (+306.76% YoY)  
  • Cost of Sales for the period was N2.08 billion. (+159.40% YoY) 
  • Gross Profit for the period was N752.69 million 
  • Sale and Distribution expenses during the period was N68.01 million. (+649.54% YoY) 
  • Administrative and General expenses of N310.43 million was recorded. 
  • Operating Profit for the period was reported as N370.43 million. 
  • Profit after tax during the period was N34.15 million. 
  • Total assets during the period stood at N42.35 billion. (+795 mn YtD) 
  • Earnings per share of 2 kobo Vs loss of 30 kobo. 

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BUA Cement Plc reports profit after tax of N65.9 billion in Q3 2021 

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

  • Revenue during the period was N186.9 billion. (+19.39% YoY) 
  • Cost of sales stood at N99.66 billion. (+15.49% YoY) 
  • Selling and Distribution costs for the period was N5.6 billion. (+6.04% YoY) 
  • Administrative expenses of N6.13 billion was recorded. (+52.79% YoY) 
  • Profit before tax was N74.3 billion (+25.54%) 
  • Total assets during the period stood at N692.04 billion. (-74.3 bn YoY) 
  • Profit after tax was N65.9 billion. (+23.22% YoY) 
  • Earnings per share of 195 kobo Vs 158 kobo YoY. 

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GlaxosmithKline Plc reports profit after tax of N62.79 million in Q3 2021

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

  • Revenue during the period was N6.59 billion. (+9.55% YoY)  
  • Cost of sales stood at N4.99 billion. (+11.10% YoY) 
  • Selling and Distribution costs for the period was N1.15 billion. (+20.21% YoY) 
  • Administrative expenses of N559 million was recorded. 
  • Profit before tax was N92.64 million (+49.88%). Total assets during the period stood at N23.49 billion. (+1.23 bn YoY) 
  • Profit after tax was N62.79 million. (+49.41 YoY) 
  • Earnings per share of 5 kobo Vs 4 kobo YoY. 

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Tripple Gee & Company Plc reports profit after tax of N49.7 million in Q2 2021.

Tripple Gee & Company Plc released its unaudited financial results for the second quarter of the year ended 30th of September, 2021.

  • Turnover during the period was N371.47 million. (-55.4% YoY)
  • Cost of sales stood at N188.8 million. (-73% YoY)
  • Distribution and administrative expenses totalled N108.75 million. (+87.1% YoY)
  • An operating profit of N73.9 million was recorded.
  • Total assets during the period stood at N3.48 billion. (+79.3 YoY)
  • Profit after tax was N49.7 million. (+41.4 YoY)
  • Earnings per share of 10.04 kobo Vs 7.10 kobo YoY.

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2021 9M Results: NPF Microfinance Bank boosts profit after tax by 40% to N766.17 million.

NPF Microfinance Bank Plc released its unaudited financial statement for the nine months period ended 30th of September, 2021.

  • Gross earnings for the period stood at N4.33 billion. (+33.7% YoY)
  • Net interest income of N3.44 billion. (+31.8% YoY)
  • Fee and commission income of N437.6 million. (+19.5% YoY)
  • Personnel expenses totalled N1.4 billion. (+15.7% YoY)
  • Profit for the period was N766.17 million. (+40.2% YoY)
  • Earnings per share of 34 kobo Vs 24 kobo YoY.

See link to results.