Guinness Nigeria Plc has released its results for its full fiscal year ended June 2018, delivering growth across the top and bottom line of its financials. Specifically, the brewery company reported a 250 percent growth in its profit after tax of N6.72 billion as against N1.92 billion reported for the 2017 full year while revenue […]
Guinness EGM 1 Guinness Nigeria Plc has released its results for the financial year ended June 2018. The company has proposed a final dividend of N1.84 per share. Here are highlights of the results Revenue Revenue increased from N125.9 billion in 2017 to N142.9billion in 2018. This marks a 14% increase year on year. Profit […]
Head Office, Guinness Nigeria PLC, Related News Guinness Nigeria Plc posted a profit before tax of ₦9.9 billion at the end of the 2018 financial year, the company’s results released by the Nigerian Stock Exchange have shown. It was an almost 300 per cent increase year on year from the ₦2.6 billion recorded in 2017. […]
By Dipo Olowookere Activities at the local bourse finished bearish again on Thursday as result of losses recorded by counters in the banking sector. Late Wednesday, UBA and Access Bank finally released their much-awaited half year earnings and despite the impressive results churned out by the former, investors chose to react to the not-too impressive […]
The board of directors of Guinness Nigeria Plc yesterday recommended a 187.5 per cent increase in dividend payout to shareholders as the brewer grew sales and profit to their best records in recent period. Shareholders will receive a dividend per share of N1.84 for the 2018 business year as against 64 kobo paid for the […]
The recent sourcing of N50 billion through Commercial Paper (CP) issuance by Dangote Cement Plc has ignited fresh interest among companies to focus attention on that segment of the market, THISDAY checks have revealed. CPs are unsecured promissory notes with a fixed maturity of about nine months issued by companies to raise money to meet […]
The equities market recorded its third consecutive decline last week as investors confidence remained weak. Out of the four trading sessions, four were bearish with Dangote Cement Plc moving the market to its largest loss in 52 weeks last Thursday. Although the market rebounded last Friday, with a gain of 1.29 per cent, that was […]
The equities market recorded its third consecutive decline last week as investors confidence remained weak. Out of the four trading sessions, four were bearish with Dangote Cement Plc moving the market to its largest loss in 52 weeks last Thursday. Although the market rebounded last Friday, with a gain of 1.29 per cent, that was […]
By Dipo Olowookere Gains recorded by financial stocks, especially shares in the banking sector, lifted the equities market on Thursday, reversing the loss recorded on Wednesday. The stock market rose yesterday by 0.21 percent following gains reported by 24 stocks buoyed by the return of positive sentiment to the market. At the close of transactions, […]
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