NAIRAMETRICS| COMPANY EARNINGS

NCR (NIGERIA) PLC Records a Decline of 66.73% in Profit for the Period in Q3 2021

29 October 202129 October 2021 Ajibola Akamo Leave a comment

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 Reports Revenue of N4.39 billion in Q3 2021

29 October 202129 October 2021 Ajibola Akamo Leave a comment

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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Lafarge Africa Plc reports Q3 earnings of N12.07 billion in Q3 2021

29 October 202129 October 2021 Chidinma Anyalewechi Leave a comment

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

Revenue during the period was N74.18 billion. (+25.02% YoY)
Cost of sales for the period was N58.31 billion (+28.67%)
Gross profit stood at N15.87 billion. (+13.22% YoY)
Operating profit for the period was N9.92 billion. (+19.49% YoY)
Profit before tax of N7.15billion was recorded during the period.
Profit for the period stood at N12.07 billion (+148.03%)
Total assets during the period stood at N512.37 billion. (+5.15bn YoY)
Earnings per share of 75 kobo Vs 30 kobo YoY.

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Seplat Energy Plc reports Q3 earnings of N168.09 million in third quarter 2021

28 October 202129 October 2021 Chidinma Anyalewechi Leave a comment

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

Revenue during the period was N62.23 billion. (+12.10% YoY)
Cost of sales for the period was N38.79 billion (+5.55%)
Gross profit stood at N23.45 billion. (+24.92% YoY)
Operating profit for the period was N19.91 billion. (+81.55% YoY)
Profit before tax of N14.40 million was recorded during the period.
Loss for the period stood at N222 million (-105.41%)
Total assets during the period stood at N1.42 trillion. (+111.17bn YoY)
Earnings per share of N13.91 Vs N7.07 YoY.

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Union Bank of Nigeria Plc reports N3.61 billion as Net Profit for third quarter ended 30 September, 2021

28 October 202128 October 2021 Chidinma Anyalewechi Leave a comment

Union Bank of Nigeria Plc has released its unaudited financial statement for the third quarter ended 30th of September, 2021.

Interest income during the period was N32.16 billion. (+13.84% YoY)
Interest expense for the period was N20.92 billion. (+45.20% YoY)
Net interest income for the period was N11.24 billion
Net Fee and commission income during the period was N3.74 billion. (+75.89% YoY)
Operating income of N23.00 billion was recorded.
Profit before income tax was reported as N3.89 billion. (-6.52%)
Profit after tax for the period was N3.61 billion. (-16.33%)
Total assets during the period stood at N2.56 trillion. (+369.99 bn YtD)
Earnings per share of N15 kobo Vs N16 kobo.

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Guinea Insurance Plc reports Net profit of N95.76 million in third quarter 2021

28 October 202128 October 2021 Chidinma Anyalewechi Leave a comment

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

Gross premium written during the period was N286.52 million. (+1.83% YoY)
Gross premium income for the period was N346.69 million (+32.07%)
Net premium income stood at N221.53 million. (+20.59% YoY)
Underwriting profit for the period was N223.97 million. (+324.35% YoY)
Profit before tax of N96.68 million was recorded during the period.
Profit for the period stood at N95.76million from a loss after tax of N65.93million YoY
Total assets during the period stood at N3.48 billion.
Earnings per share of 1.6 kobo Vs –0.41 kobo YoY.

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Skyway Aviation Plc reports Q3 earnings of N168.09 million in third quarter 2021

28 October 202128 October 2021 Chidinma Anyalewechi Leave a comment

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

Revenue during the period was N2.27 billion. (+21.86% YoY)
Direct cost for the period was N1.17 billion (+26.13%)
Gross profit stood at N1.10 billion. (+17.65% YoY)
Operating profit for the period was N241.36 million. (-34.66% YoY)
Profit before tax of N240.13 million was recorded during the period.
Profit for the period stood at N168.09million (-48.98%)
Total assets during the period stood at N23.98 billion. (+839.94mn YoY)
Earnings per share of 12.42 kobo Vs 24.34 kobo YoY.

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

28 October 202128 October 2021 Chidinma Anyalewechi Leave a comment

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.

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