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.

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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.

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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 

Academy Press Plc reports Loss for the period of N197.20 million in second quarter result

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

  • Revenue during the period was N2.11 billion. (+285.57% YoY)
  • Cost of sales stood at N1.54 billion. (+352.72% YoY)
  • Gross profit for the period was N570.73 million. (+175.45% YoY)
  • Results from operating activities of N286.50 million was recorded. (+380.88% YoY)
  • Loss for the period stood at N197.20 million (+30.71%)
  • Total assets during the period stood at N2.41 billion. (+182.50 Mn YtD)
  • Earnings per share of 33 kobo Vs loss of 25 kobo YoY.

See full result here

AIICO Insurance Plc declares Bonus shares to be issued to existing shareholders

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AIICO Insurance Plc has declared that 12 bonus shares will be issued for every 9 ordinary shares held by existing shareholders for the financial period ended September 30, 2021.

According to a notice filed with the Nigerian Exchange Limited (NGX) and signed by the company’s secretary, Donald Kanu, 8 of the bonus shares will be issued from the share premium account, while the remaining 4 bonus shares will be issued from the retained earnings.

The notice further stated that these bonus shares are being issued to enable the company to meet up with the new minimum capital requirement as directed by the National Insurance Commission (NAICOM).

In order to facilitate the process, the Register of Shareholders will be closed from Wednesday, 24th of November to Monday, 29th of November, 2021.

Shareholders are urged to ensure that their names appear on the Company’s Register of Members as at the aforementioned date and shareholders who are yet to complete the e-dividend registration are advised to download the form on the Registrar’s website, complete the form and submit it to the Registrar or their respective banks.

Furthermore, shareholders with dividend that have remained unclaimed or are yet to be presented for payment have been advised to contact the registrar.

What you should know

AIICO Insurance Plc has reported a 15.84% growth in its Gross premium written to N54.67 billion for the 2021 Q3 Period. Similarly, Underwriting Profit appreciated by 233% to N29.74 billion. During the period, earnings per share (EPS) declined to 15 kobo, decreasing by 66.67% YoY.

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

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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.

See link to results.