Tag: Company Financial Results

Bricklinks Africa Plc reports profit after tax of N0.34m in Q2 2021.

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Bricklinks Africa Plc released its unaudited financial statements for the second quarter ended June 30, 2021.

  • Revenue for the period was N27.37m. (+1.5% QoQ)
  • Cost of sales was N18.43 million. (+1.5% QoQ)
  • Operating expenses totalled N8.6 million. (+1.5% QoQ)
  • Profit for the year was N0.34million. (+200.4% QoQ)
  • Earnings per share of 3.44 kobo Vs 3.42 kobo QoQ.
  • Total assets for the period stood at N799.6 million.

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Coronation Insurance profit dip by 20% to N796.5 million in half year 2021.

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Coronation Insurance Plc released its unaudited financial statements for the period ended June 30, 2021.

  • Gross premium written for the period was N10.8 billion. (+33.9% YoY)
  • Fees and commission income of N1.14 billion. (+63.8% YoY)
  • Total gross claims paid during the period were N2.28 billion. (+10% YoY)
  • Underwriting profit was N2.52 billion. (+394.8% YoY)
  • Personnel expenses totalled N931.65 million. (+5.8% YoY)
  • Profit for the period was N796.5 million. (-20.4% YoY)

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Arbico Plc records a loss of N1 billion in half year 2021.

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Arbico Plc released its unaudited financial statements for the period ended June 30, 2021.

  • Revenue for the period was N2 billion. (-37.7% YoY)
  • Cost of sales was N1.53 billion. (-70.8% YoY)
  • Operating expenses totalled N1.52 billion. (+228.3% YoY)
  • Loss for the period was N1 billion
  • Loss per share of 6.74 kobo. (-1,348% YoY)
  • Total assets for the period stood at N7.9 billion.

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Mutual Benefits Assurance Plc reports a loss of N1.98 billion in HY 2021.

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Mutual Benefits Assurance Plc released its unaudited financial results for the period ended June 30, 2021.

  • Net premium income for the period was N11.97 billion. (+52.1% YoY)
  • Fee and commission income of N359.18 million. (+7.4% YoY)
  • Net benefits and claims totalled N3.61 billion. (+26.2% YoY)
  • Underwriting profit was N5.53 billion. (+106.7% YoY)
  • A loss after tax of N1.98 billion was recorded during the period.
  • Loss per share of -10 kobo (-242.9% YoY)

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Nigerian Aviation Handling Company grows half year profit by 453% to N504.9 million.

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Nigerian Aviation Handling Company Plc released its unaudited financial results for the period ended June 30, 2021.

  • Revenue for the period was N4.71 billion. (+31.8% YoY)
  • Operating costs of N2.96 billion. (+11.8% YoY)
  • Administrative expenses totalled N1.24 billion. (-5.8% YoY)
  • Profit after tax was N504.9 million. (+452.6% YoY)
  • Earnings per share of 30 kobo. (+233.3% YoY)
  • Total assets for the period stood at N14.8 billion.

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Ardova Plc posts N1.78 billion profit in Half Year 2021.

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Ardova Plc released its unaudited financial results for the period ended June 30, 2021.

  • Revenue for the period was N86.8 billion. (-0.62% YoY)
  • Cost of sales was N79.4 billion. (-3.1% YoY)
  • Administrative expenses totalled N3.49 billion. (+6.2% YoY)
  • An operating profit of N2.65 billion was recorded.
  • Profit for the period was N1.78 billion. (+75.9% YoY)
  • Earnings per share of N1.36 Vs 78 kobo YoY.

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Julius Berger Nigeria profit after tax surge by 346% to N4.76 billion in HY 2021.

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Julius Berger Nigeria Plc released its unaudited financial results for the period ended June 30, 2021.

  • Revenue for the period was N146.31 billion. (+43.4% YoY)
  • Cost of sales was N118.9 billion. (+42.6% YoY)
  • Administrative expenses totalled N17.8 billion. (+13% YoY)
  • An operating profit of N10.4 billion was recorded.
  • Profit after tax for the period was N4.76 billion. (+346.3% YoY)
  • Earnings per share of N3.01 Vs N0.01 YoY.

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Northern Nigeria Flour Mills Plc grows profit by 21% to N82.9 million in Q1 2021.

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Northern Nigeria Flour Mills Plc released its unaudited financial results for the first quarter of the year ended June 30, 2021.

  • Revenue for the period was N3.56 billion. (+87% YoY)
  • Cost of sales was N3.25 billion. (+88.3% YoY)
  • Administrative expenses totalled N170.7 million. (+106.4% YoY)
  • An operating profit of N147.9 million was recorded. (+25.05% YoY)
  • Profit after tax for the period was N82.9 million. (+20.96% YoY)
  • Earnings per share of 46 kobo Vs 38 kobo YoY.

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