Nascon Allied Industries Plc rakes in N1.45 billion profits in 6 months.

Nascon Allied Industries Plc released its unaudited financial statements for the period ended 30th of June, 2021.

  • Revenue for the period was N17.57 billion. (+20.9% YoY)
  • Cost of sales was N10.6 billion. (+22.1% YoY)
  • Operating profit was N2.13 billion. (-12.1% YoY)
  • Administrative expenses totalled N1.36 billion. (+29.9% YoY)
  • Profit for the period was N1.45 billion. (-2.5% YoY)
  • Earnings per share of N1.09 Vs N1.12 YoY
  • Total assets for the period was N45.7 billion

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May & Baker Nigeria Plc grows half-year profit by 27% to N555.3million.

May & Baker Plc released its unaudited financial statements for the period ended 30th of June, 2021.

  • Revenue for the period was N5.5 billion. (+35.7% YoY)
  • Cost of sales was N3.11 billion. (+25.5% YoY)
  • Operating profit was N936.8 million. (+36.2% YoY)
  • Administrative expenses totalled N542.05 million. (+104% YoY)
  • Profit for the period was N555.3 million. (+26.5% YoY)
  • Earnings per share from continuing operations was 32 kobo Vs 25 kobo YoY
  • Total assets for the period was N14.14 billion

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Aluminium Extrusion Industries Plc grows profit by over 2,000% in 2021 Half Year.

Aluminium Extrusion Industries Plc released its unaudited financial statements for the period ended 30th of June, 2021.

  • Revenue for the period was N1.4 billion. (+37.3% YoY)
  • Cost of sales was N1.16 billion. (+36.2% YoY)
  • Administrative expenses totalled N77.5 million. (+6.7% YoY)
  • Profit after tax was N68.3 million. (+2,184% YoY)
  • Earnings per share of 31 kobo Vs 1 kobo YoY.

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2021 Half-Year Results: Livestock Feeds Plc records a 258% increase in profit to N337.9 million.

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

  • Revenue for the period was N7 billion. (+42.3% YoY)
  • Cost of sales was N6.2 billion. (+40.4% YoY)
  • Operating profit was N479.5 million. (+117.3% YoY)
  • Administrative expenses totalled N224.9 million. (+27.8% YoY)
  • Profit after tax was N337.9 million. (+258.2% YoY)
  • Earnings per share of 11.3kobo Vs 3.1kobo YoY.
  • Total assets for the period worth N5.83 billion.

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Ecobank Transnational Inc. grows profit by 29% to N62.6 billion in H1 2021.

Ecobank Transnational Incorporated released its unaudited financial statements for the period ended 30th of June, 2021.

  • Net interest income for the period was N184.8 billion. (+14% YoY)
  • Fees and commission income of N92.8 billion. (+22% YoY)
  • Operating income was N334.9 billion. (+15% YoY)
  • Operating expenses totalled N196.62 billion. (+6% YoY)
  • Profit for the period was N62.6 billion. (+29% YoY)
  • Earnings per share from continuing operations of N1.74 Vs N1.35 YoY.
  • Total loans and advances to customers stood at N3.6 trillion
  • Total customers deposit stood at N7.9 trillion

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

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.

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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Secure Electronic Technology Plc reports loss after tax of N23.95 million in H1 2021.

Secure Electronic Technology Plc released its unaudited financial results for the half year ended 30th of June, 2021.

  • Gross sales for the period was N2.05 billion (+0.4% YoY)
  • Net income for the period was N89.3 million.(-6.9% YoY)
  • Administrative expenses totalled N112.8 million. (+15.5% YoY)
  • Loss after tax was N23.95 million.
  • Loss per share of -0.43kobo Vs -0.05kobo YoY.

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