Ardova Plc in the First Quarter of 2022 reported a turnover of N62.934 billion, up by 49.89% from N41.987 billion reported the previous year.
Profit after tax for the 3 months period was N193.196 million, down by 83.36% from N1.16 billion reported in Q1 2021.
Earnings per share of the Group dropped to 15 kobo in Q1 2022 from the earnings per share of 89 kobo achieved in Q1 2021.
At the share price of N13.05, the P/E ratio of Ardova stand at 87.98x with earnings yield of 1.14%.
Guaranty Trust Holding Company Plc (GTCO) has made significant strides in its growth and expansion plans, completing the first tranche of its equity capital raise programme. The highlights of this milestone are as follows: Key Developments: CEO’s Statement: Segun Agbaje, the Group CEO, expressed gratitude to shareholders and regulators for their support. He highlighted the successful capital […]
Tuesday’s trading activities on the floor of the Nigerian stock market closed bearish on profit taking in 51 stocks. The All Share Index declined by 0.24% to close at 103,398.82 points from the previous close of 103,648.24 points. The Market Capitalisation declined by 0.24% to close at N63.051 trillion from the previous close of N63.203 trillion, thereby[…]
