Flour Mills of Nigeria Plc has reported revenue of N1.697 trillion for the 6-month period ended 30 September 2024. This represents a growth of 75.97% from the N964.65 billion reported the previous year. Profit after tax for the 6-month period reached N14.42 billion, a significant improvement of 272% from the loss after tax of N8.38 billion reported […]
Dangote Sugar Refinery Plc has announced a substantial loss after tax of N184.36 billion for the nine-month period ending September 30, 2024. While the company’s revenue grew by 56.41% to N484.427 billion, a significant increase in finance costs (up 1561.8%) to N300.175 billion eroded profitability. As a result, the company’s earnings per share stood at a negative[…]
Fidelity Bank Plc has announced impressive financial results for the third quarter of 2024. The bank recorded substantial growth in both its top and bottom lines. Financial Highlights for Q3 2024: These strong results demonstrate Fidelity Bank’s robust performance and its ability to capitalize on growth opportunities in the Nigerian market.