Aluminium Extrusion Industries Plc posts N149.38 million profit in FY 2020.

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Aluminium Extrusion Industries Plc released its full-year results for the year ended 31st December 2020.

  • Revenue for the year was N2.33 billion. (-10.7% YoY)
  • The cost of sales was N2.06 billion. (-10.4% YoY)
  • Gross profit was N267.55 million. (-12.8% YoY)
  • Administrative and finance cost totaled N167.58 million. (-13.9% YoY)
  • Profit for the year was N149.38 million. (+133.6% YoY)
  • Earnings per share of 68 kobo vs 29 kobo YoY.
  • No dividend announcement was made.

See link to results.

Trans Nationwide Express Plc reports loss of N59.85 million in FY 2020.

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Trans Nationwide Express Plc released its full-year results for the year ended 31st December 2020.

  • Revenue for the year was N668.6 million. (-15% YoY)
  • Direct costs of operation was N543.6 million (+6% YoY)
  • Gross profit was N125 million (-55% YoY)
  • The Company incurred a loss after tax of N59.85 million.
  • The total shareholders’ fund was N512.9 million. (-13% YoY)
  • Net assets per share was N109 (-13% YoY)

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Ikeja Hotel Plc reports loss of N6.72 billion in FY 2020.

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Ikeja Hotel Plc released its audited full-year results for the year ended 31st December 2020.

  • Revenue from contract with customers was N5.07 billion. (-59.5% YoY)
  • The cost of sales was N5.48 billion. (-38.7% YoY)
  • An operating loss of N6.5 billion, compared to a profit of N1.8 billion in 2019.
  • Administrative expenses was N6.72 billion (+265% YoY)
  • Loss for the year was N6.7 billion against a profit of N834.95 million in 2019.
  • Loss per share of N3.23.
  • No dividend announcement was made.

See link to results.

 

 

2020 FY Results: FCMB posts profit after tax of N19.6 billion.

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FCMB Group Plc released its audited full-year results for the year ended 31st December 2020.

  • Net interest income was N90.76billion. (+19.45% YoY)
  • Net fee and commission income was N19.6 billion. (-5.6% YoY)
  • Personnel expenses was N29.52billion (-0.3% YoY)
  • Profit for the year was N19.6billion. (+13.1% YoY)
  • Earnings per share was 98 kobo(+12.6% YoY)
  • A dividend of 15kobo was proposed by the Board of Directors.

See link to results.

2020 FY Results: Stanbic IBTC posts N83.2 billion profit after tax, as earnings per share prints N7.29.

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Stanbic IBTC Holdings Plc released its audited full-year results for the year ended 31st December 2020.

  • Net interest income was N74.21 billion. (-4.6% YoY)
  • Income after adjusting for credit impairment was N188.99 billion. (+2.2% YoY)
  • Operating expenses was N94.3 billion. (+0.3% YoY)
  • Profit for the year was N83.2 billion. (+11% YoY)
  • Earnings per share of N7.29. (+5.3% YoY)
  • A final dividend of N3.60 was announced.

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Secure Electronic Technology Plc reports a loss of N31.85 million in FY 2020.

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Secure Electronic Technology Plc has released its full-year results for the year ended 31st December 2020.

  • Revenue for the year was N4.17 billion. (-3.5% YoY)
  • Administrative expenses totaled N209.1 million. (-18.5% YoY)
  • A loss after tax of N31.85 million was reported for the year.
  • Loss per share of 57 kobo Vs N1.75 YoY.
  • No dividend announcement was made.

See link to results.