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%.
Nestle Nigeria has notified the investing public of the appointment of Mr Gbenga Oyebode as the new Chairman of its Board of Directors. The appointment follows the retirement of Mr David Ifezulike as the Chairman of the Board of the company with effect from May 18, 2023. Oyebode is a Fellow of the Chartered Institute of Arbitrators […]
Nigerian Breweries Plc has notified the Nigerian Exchange and the investing public that at a specially convened meeting of the Board of Directors of the Company held on 30th May 2023, the Board was presented with an offer from Heineken Beverages (Holdings) Limited of South Africa, for Nigerian Breweries to acquire Heineken Beverages’ majority interests (via Distell[…]
