Cadbury Nigeria Plc has declared a loss after tax of N10.43 billion for the 12-month period ended December 31, 2024, despite a significant increase in revenue. Key Financial Highlights: Analysis & Outlook: While Cadbury Nigeria saw substantial revenue growth, persistent losses highlight ongoing cost pressures, operational challenges, and possibly macroeconomic factors affecting profitability. The reduction in losses […]
Transcorp Power, which debuted on the Nigerian Exchange Group (NGX) on March 4, 2024, will distribute N34.7 billion in dividends. This total includes N24.5 billion as a final dividend for the 2023 fiscal year and N11.25 billion as an interim dividend for the first half of 2024. For the first half of 2024, Transcorp Power Plc declares[…]
Total Energies Marketing Nigeria Plc has exceeded expectations by reporting a pre-tax profit of N13.730 billion for Q2 2024. This reflects a 95% year-over-year increase, far surpassing its forecast of N6.419 billion. This brings the H1 2024 pre-tax profit to N30.571 billion, nearly double the total pre-tax profit for 2023. The company’s Q2 2024 financial statements show[…]