Category: Services

Tantalizer Plc reports a loss of N57.6 million in HY 2021.

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Tantalizer Plc released its unaudited financial results for the period ended 30th June, 2021.

  • Revenue for the period was N615.8 million. (+41.9% YoY)
  • Cost of sales was N385.4 million. (+65.3% YoY)
  • Administrative expenses totalled N462.12 million. (+14.5% YoY)
  • Loss for the period was N57.6 million.
  • Loss per share of 2 kobo Vs 4 kobo YoY.
  • Total assets for the period stood at N2.59 billion.

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Airtel Africa posts profit after tax of $142m in HY 2021.

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

  • Revenue for the period was $1.1 billion. (+50.4% YoY)
  • Expenses totalled $581 million. (+21.3% YoY)
  • An operating profit of $352 million was recorded. (+67.6% YoY)
  • Capital expenditure totalled $106 million. (+59.9% YoY)
  • Operating free cash flow of $428 million (+38.7% YoY)
  • Profit after tax was $142 million. (+148.7% YoY)
  • Earnings per share of 3.3 cents Vs 1.1 cents YoY
  • Total customer base during the period under review was 120.8 million.

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Custodian Investment posts half-year profit of N4.6 billion, proposes interim dividend of 10 kobo/share.

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Custodian Investment Plc released its unaudited financial results for the period ended 30th of June, 2021.

  • Gross revenue for the period was N42.19 billion. (+20.5% YoY)
  • Interest income of N5.33 billion. (+6.2% YoY)
  • Operating and investment income was N36.9 billion. (+22.9% YoY)
  • Operating expenses totalled N23.2 billion. (+10.3% YoY)
  • Profit for the period was N4.63 billion. (+2.2% YoY)
  • Earnings per share of 82 kobo Vs 75 kobo YoY.
  • An interim dividend of 10 kobo was declared for the period.

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Capital Hotel reports a loss of N98.91 million in half year 2021.

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Capital Hotel Plc released its unaudited financial results for the six months period ended 30th of June, 2021.

  • Turnover for the period was N1.33 billion. (+16.7% YoY)
  • Cost of sales was N1.28 billion. (+1.7% YoY)
  • An operating loss of N109.2 million was incurred.
  • Administrative and general expenses totalled N225.1 million. (-9.3% YoY)
  • Loss for the period was N98.91 million.
  • Loss per share of -6.39 kobo Vs 3.34 kobo YoY.
  • Total assets for the period stood at N17.71 billion

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Chams Plc reports a loss after tax of N69.1 million in Half Year 2021.

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Chams Plc released its unaudited interim financial results for the six months period ended 30th of June, 2021.

  • Revenue for the period was N1.63 billion. (+79.1% YoY)
  • Cost of sales was N1.17 billion. (+156.4% YoY)
  • An operating profit of N6.77 million was recorded. (-90.8% YoY)
  • Administrative expenses totalled N497.98 million. (+25.9% YoY)
  • Loss after tax for the period was N69.1 million.
  • Loss per share of -1 kobo Vs -0.2 kobo YoY.
  • Total assets for the period stood at N8.49 billion.

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Ikeja Hotel Plc Reports Half Year Loss of N229.4 million.

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Ikeja Hotel Plc released its unaudited financial statements for the period ended 30th of June, 2021.

  • Revenue for the period was N3.76 billion (+29.4% YoY)
  • Cost of sales was N2.88 billion.(+5.7% YoY)
  • An operating profit of N250.6million was recorded. (+165.2% YoY)
  • Administrative and general expenses totalled N672.42 million. (-0.8% YoY)
  • Loss after tax for the period was N229.4 million.
  • Loss per share of -11 kobo Vs -38 kobo YoY
  • Total assets for the period stood at N41.86 billion

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UPDC reports loss of N603.3 million in HY 2021.

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UACN Property Development Company Plc (UPDC) released its unaudited financial statements for the period ended 30th of June, 2021.

  • Revenue for the period was N316.1 million. (-8.8% YoY)
  • Cost of sales was N260.53 million. (+6.3% YoY)
  • An operating loss of N88.7 million was incurred during the period.
  • Administrative expenses totalled N423.85 million. (+29.4% YoY)
  • Loss for the period was N603.3 million
  • Loss per share of -3kobo Vs -50kobo YoY.
  • Total assets for the period stood at N22.04 billion

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Daar Communications Plc reports over 100% increase in profit after tax in H1, 2021

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Daar Communications Plc released its unaudited financial statements for the period ended 30th of June, 2021.

  • Revenue for the period was N1.91billion. (+30.4% YoY)
  • Cost of sales was N1.08 billion. (+3.6% YoY)
  • Administrative expenses totalled N743.7 million. (-13.4% YoY)
  • Profit for the year was N36.1 million. (+106.9% YoY)
  • Total assets for the period stands at N14.55 billion.

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Africa Prudential’s profit after tax plunges by 24% to N827.6 million in H1 2021.

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Africa Prudential Plc released its unaudited financial statements for the period ended 30th of June, 2021.

  • Gross earnings for the period was N1.67 billion. (-11% YoY)
  • Personnel expenses totalled N287.6 million. (-10% YoY)
  • Total customers’ deposits for the period was N80.3 billion
  • Profit after tax for the period was N827.6 million. (-24% YoY)
  • Earnings per share of 41 kobo Vs 54 kobo YoY.
  • Total shareholders fund stood at N8.16 billion.

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