[FILES] Nigerian Stock Exchange (NSE) By The Nigerian Stock Exchange (NSE) yesterday plunged further by 0.7 per cent, extending bearish run to a third consecutive session amid sustained sell-off. The All-Share Index (ASI) yesterday, dipped by 209.41 absolute points, representing a decline of 0.67 per cent, to close at 30,829.45 points. Similarly, market capitalisation shed […]
Guinness Nigeria Plc has posted a profit before tax of N3.8 billion for the first half of its financial period ended December 31, 2018, in its unaudited results released to the Nigerian Stock Exchange (NSE). The earnings, which represented a N251 million increase, came on the back of lower finance charges, that was boosted by […]
dollar bills Guinness Nigeria Plc has recorded profit before tax of N3.792 billion for its half year financial result ended December 31, 2018. The result represents a growth of 7.1 per cent compared with N3.541 billion reported the corresponding period of 2017. The result showed that tax expenses dropped by 13.98 per cent to N1.213 […]
Feyisayo Popoola Guinness Nigeria Plc said its profit after tax increased by 249 per cent in the 2018 financial year. The results, which were released to the Nigerian Stock Exchange, showed improved operating margin, as benefits from the company’s productivity programme offset sustained cost pressure. The firm said in a statement that in the year […]
Goddy Egene The stock market rebounded yesterday as the Nigerian Stock Exchange All-Share Index (NSE ASI) rose 0.28 per cent to close at 34,933.68 after opening the month on a negative note the previous day. Similarly, market capitalisation added N36.1 billion to close at 12.8 trillion. Buying interest in banking stocks such as Zenith Bank […]
Guinness Nigeria (GUINNESS) has released FY18 results showing a 14% increase in net sales and EPS growth of 140% y/y, following additional shares post the rights issue concluded in September. Revenue came in directly in line with SBGS and consensus estimates while EPS was behind SBGS and consensus estimates by 8% and 11% respectively. The […]
Trading on the Nigerian equities market began the month of September on a slightly negative note as the Nigerian Stock Exchange, All-Share Index (NSE-ASI) declined by 0.03 per cent, yesterday. NSE-ASI shed 10.95 absolute points, representing a decline of 0.03 per cent to close at 34,837.50 points. Also, the market capitalisation declined by N4 billion […]
Nigerian Stock Exchange Equity transactions on the floor of the Nigeria Stock Exchange (NSE), reopened September trading on a downward note yesterday, as most highly capitalised stocks recorded price depreciation, causing market capitalisation to plunge by N4 billion. Yesterday, the All-Share Index (NSE-ASI) declined by 10.95 absolute points, representing a decline of 0.03 per cent […]
Guinness Nigeria Plc has declared a growth of 249.2 per cent in its profit after tax for the financial year ended June 30, 2018. The results, which were released to the Nigerian Stock Exchange (NSE), showed improved operating margin, as benefits from the company’s productivity program more than offset sustained cost pressures. The company’s profit […]
Nigerian Stock Exchange Central Bank of Nigeria (CBN) huge fines on four deposit money banks over alleged illegal fund repatriation on behalf of MTN Nigeria weighed heavily on the local bourse yesterday, causing the All-share index to slide by 0.77 per cent. The Nigerian Stock Exchange-All Share Index (NSE-ASI) decreased by 272.27 absolute points, representing […]
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