UNILEVER NIGERIA PLC – Financial Result for the 3 Months Ended 31st March, 2017
Revenue: 32% increase from N16.8bn to N22.2bn
Profit/(Loss) after Tax: 54% increase from N1bn to N1.6bn (3M 2017 EPS, 42 kobo; 3M 2016 EPS, 28 kobo)
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GUARANTY TRUST BANK PLC – Assumption of the Liability of GTB Finance B.V.
Guaranty Trust Bank Plc. has announced that, with effect from 24th April, 2017, the Bank shall assume every right and power, and shall be bound by every obligation of GTB Finance B.V. with respect to the US$400 million 6% Notes issued by GTB Finance B.V. due in 2018.
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ECOBANK TRANSNATIONAL INCORPORATED – Audited Financial Result for the Year Ended 31st December, 2016
Gross Earnings: 23% increase from N542.7bn to N665bn
Profit/(Loss) after Tax: 348% decrease from N21.3bn to (N52.6bn) (FY 2016 EPS, -259 kobo; FY 2015 EPS, 56 kobo)
Corporate Action
Proposed Dividend: 2016: Nil (2015: 0.2 US cents)
Proposed Bonus: Nil
AGM Date: 16th June, 2017
AGM Venue: Lome, Togo
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PRESCO PLC – Audited Financial Result for the Year Ended 31st December, 2016
Revenue: 50% increase from N10.4bn to N15.7bn
Profit/(Loss) after Tax: 772% increase from N2.5bn to N21.7bn (FY 2016 EPS, 22 kobo; FY 2015 EPS, 2 kobo)
Corporate Action
Proposed Dividend: 2016: 150 kobo (2015: 100 kobo)
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FORTE OIL PLC – Financial Result for the 3 Months Ended 31st March, 2017
Revenue: 7% decrease from N35.6bn to N33bn
Profit/(Loss) after Tax: 97% increase from N954.2m to N1.9bn
Total Comprehensive Income attributable to Owners of the Company: 7% increase from N657.5m to N702m (3M 2017 EPS, 54 kobo; 3M 2016 EPS, 51 kobo)
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