Tag: Company Financial Results

BOC Gases Nigeria Plc reports profit of N292.1 million in FY 2020.

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BOC Gases Nigeria Plc released its full-year results for the year ended 31st December 2020.

  • Revenue for the year was N3.17 billion. (+3.3% YoY)
  • Cost of sales was N1.66 billion. (-0.5% YoY)
  • Administrative expenses totaled N648.9 million. (+6.2% YoY)
  • Profit for the year was N292.11 million. (+35.3% YoY)
  • Earnings per share of 70 kobo vs 52 kobo YoY.
  • A final dividend of 50 kobo was proposed

See link to results.

RAK Unity Petroleum Plc posts loss of N64.2 million in FY 2020.

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RAK Unity Petroleum Company Plc released its full-year results for the year ended 31st December 2020.

  • Revenue for the year was N1.41 billion. (-68% YoY)
  • Cost of sales was N1.32 billion. (-68.8% YoY)
  • Operating expenses totaled N153.54 million. (-32% YoY)
  • Operating loss was N63.7 million. (-147.4% YoY)
  • Loss for the year was N64.2 million. (-61.4% YoY)
  • Loss per share of N1.13 vs 70 kobo YoY.

See link to results.

2020 FY Results: BUA Cement Plc posts profit after tax of N72.3 billion.

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BUA Cement Plc released its full-year results for the year ended 31st December 2020.

  • Revenue from contracts with customers was N209.4 billion. (+19.3% YoY)
  • Cost of sales was N113.96 billion. (+22.4% YoY)
  • Administrative expenses totaled N10.32 billion. (-1.9% YoY)
  • Operating profit was N82.02 billion. (+14.8% YoY)
  • Profit after tax was N72.3 billion. (+19.4% YoY)
  • Earnings per share of N2.14 vs N1.79 YoY.

See link to results.

Guaranty Trust Bank Plc: Notice of Board Meeting

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Guaranty Trust Bank Plc has announced that it will be hosting a Board meeting on the 21st of April, 2021.

This is according to a notification signed by the Bank’s secretary, Erhi Obebeduo and sent to the Nigerian Stock Exchange today.

According to the notice, the meeting will enable the Board Directors to consider the unaudited financial statement of the Bank. Decisions reached at the meeting will be subsequently communicated.

Here is a link to the notice.

May and Baker Nigeria Plc posts profit of N964.6 million in FY 2020.

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May and Baker Nigeria Plc released its full-year audited results for the year ended 31st December 2020.

  • Revenue for the year was N9.39 billion. (+16.2% YoY)
  • Cost of sales was N5.61 billion. (+8.4% YoY)
  • Administrative expenses totaled N967.92 million. (+23.4% YoY)
  • Operating profit was N1.41 billion. (+39.5% YoY)
  • Profit from continuing operations was N964.6 million. (+34.7% YoY)
  • Earnings per share from continuing operations was 55.91 kobo Vs 41.51 kobo

See link to results.

2020 FY Results: Cadbury Nigeria Plc posts profit of N931.83 million.

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

  • Revenue for the year was N35.41 billion. (-10% YoY)
  • Cost of sales was N29.51 billion. (-5% YoY)
  • Administrative expenses totaled N1.16 billion. (-36% YoY)
  • Profit for the year was N931.83 million. (-13% YoY)
  • Earnings per share of 50 kobo Vs 57 kobo YoY.
  • A dividend of 18 kobo per ordinary share was proposed by the board

See link to results.

2020 FY Results: Courteville Business Solutions Plc posts profit of N153.6 million.

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Courteville Business Solutions Plc released its full-year results for the year ended 31st December 2020.

  • Revenue for the year was N1.69 billion. (-14.8% YoY)
  • Cost of sales was N693.1 million. (+22.3% YoY)
  • General and administrative expenses totaled N491.4 million. (-2% YoY)
  • Operating profit was N207.62 million. (-42.6% YoY)
  • Profit for the year was N153.6 million. (-3.84% YoY)
  • A dividend of 3 kobo per share was approved by the board.

See link to results.

Infinity Trust Mortgage Bank Plc projects profit after tax of N132.18 million in Q2 2021.

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Infinity Trust Mortgage Bank Plc has released its earnings forecasts for the second quarter of 2021.

  • Interest income is projected at N282.88 million
  • Net operating income is projected at N340.6 million
  • Operating expenses is projected at N187.53 million
  • Profit before tax is projected at N146.87 million
  • Tax is projected at N14.69 million
  • Profit after tax is projected at N132.18 million

See link to forecasts.

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.