NAHCO Plc post 27% decline in 2020 FY post-tax profits

NAHCO Plc released its 2020 FY results reporting a revenue of N7.33 billion representing a 26.66% decline from the N9.99 billion revenue reported a year earlier.

  • Operating expenses during the year was N2.37 billion in 2020 compared to N2.53 billion in 2019. -6.40% YoY
  • The company reported a profit after tax of N171.31 million in 2020 compared to N717.20 million in 2019. –76.11% cut YoY.
  • It reported an earnings per share of 10 kobo in 2020 compared to 44 kobo earnings per share reported in 2019. –77.27% YoY.
  • No dividend announcement was made in their press release.
  • The company share price of N2.18, down 5.22% YTD.

See link to results.

 

 

 

 

 

SAHCO Plc post 23% post-tax increase in 2020 FY results

SAHCO Plc released its 2020 FY results reporting a revenue of N6.98 billion representing an 8.94% decline from the N7.67 billion revenue reported a year earlier.

  • Operating expenses during the year was N2.37 billion in 2020 compared to N2.58 billion in 2019. –8.07% YoY
  • The company reported a profit after tax of N639.10 million in 2020 compared to N446.53 million in 2019. +43.13% cut YoY.
  • It reported an earnings per share of 47 kobo in 2020 compared to 33 kobo earnings per share reported in 2019. +42.42% YoY.
  • No dividend announcement was made in their press release.
  • The company share price of N2.88, down 10% YTD.

See link to results.

 

CWG Plc post 23% increase in 2020 FY post-tax profits

CWG Plc released its 2020 FY results reporting a revenue of N11.805 billion representing a 23.40% increase from the N9.57 billion revenue reported a year earlier.

  • Operating expenses during the year was N1.80 billion in 2020 compared to N2.38 billion in 2019. -24.40% YoY
  • The company reported a profit after tax of N487.22 million in 2020 compared to N72.74 million in 2019. +569.79% YoY.
  • No dividend announcement was made in their press release.
  • The company share price of N3.12, up 59.18% YTD.

See link to results.

 

Total Nigeria Plc post 30% decline in 2020 FY post-tax profits

Total Nigeria Plc released its 2020 FY results reporting a revenue of N204.16 billion representing a 30.13% decline from the N292.18 billion revenue reported a year earlier.

  • Operating expenses during the year was N27.95 billion in 2020 compared to N28.34 billion in 2019. -1.40% YoY
  • The company reported a profit after tax of N2.24 billion in 2020 compared to N2.28 billion in 2019. -1.55% cut YoY.
  • It reported an earnings per share of N6.61 in 2020 compared to N6.71 earnings per share reported in 2019. -1.49% YoY.
  • No dividend announcement was made in their press release.
  • The company share price of N143, up 10% YTD.

See link to results.

 

Conoil posts 23% decline in 2020 FY post-tax profits

Conoil Plc released its 2020 FY results reporting revenue of N117.47 billion representing a 15.95% decline from the N139.76 billion revenue reported a year earlier.  

  • Operating expenses during the year was N7.64 billion in 2020 compared to N9.68 billion in 2019. 20.9% YoY 
  • The company reported a profit after tax of N1.52 billion in 2020 compared to N1.97 billion in 2019. –22.97% cut YoY.  
  • It reported an earnings per share of 219 kobo in 2020 compared to 284 kobo earnings per share reported in 2019. 22.89% YoY. 
  •  No dividend announcement was made in their press release. 
  • The company share price of N20.85, up 0.72YTD. 

See link to results.

 

Rak Unity Petroleum Company Plc Post N63 million post-tax loss in 2020 FY results

Rak Unity Petroleum Company Plc released its 2020 FY results reporting a revenue of N1.41 billion representing a 68.14% decline from the N4.42 billion revenue reported a year earlier.

  • Operating expenses during the year was N149.65 million in 2020 compared to N221.89 million in 2019. –32.56% YoY
  • The company reported a loss after tax of N63.03 million in 2020 compared to N14.52 million loss after tax in 2019.
  • It reported a loss per share of 1.11 kobo in 2020 compared to 0.26 kobo loss per share reported in 2019.
  • No dividend announcement was made in their press release.
  • The company share price of 0.30 kobo unchanged YTD.

See link to results.