TRANSNATIONAL CORPORATION OF NIGERIA PLC – Audited Financial Result for the Year Ended 31st December, 2016
Revenue: 46% increase from N40.8bn to N59.4bn
Loss for the Year: N1.1bn (2015: N2bn profit) (FY 2016 EPS, -2.29 kobo; FY 2015 EPS, 0.96 kobo)
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CUTIX PLC – Financial Result for the 9 Months Ended 31st January, 2017
Revenue: 32% increase from N2.1bn to N2.8bn
Profit after Tax: 98% increase from N134.2m to N266.1m (9M 2017 EPS, 30 kobo; 9M 2016 EPS, 15 kobo)
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RED STAR EXPRESS PLC – New Office in Niger Republic
Red Star Express Plc. has opened a new office in Niger Republic under the entity Red Star Express Niger. The office commenced operation today, 1st March, 2017.
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JULIUS BERGER NIGERIA PLC – Closed Period
Julius Berger Nigeria Plc. has notified the market that its Board of Directors will meet on 14th & 15th March, 2017 to consider the 2016 Audited Financials of the Company. In that respect, a Closed Period has been declared and will run from today, 1st March to 16th March, 2017.
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DANGOTE CEMENT PLC – Audited Financial Result for the Year Ended 31st December, 2016
Revenue: 25% increase from N491.7bn to N615.1bn
Profit after Tax: 3% increase from N181.3bn to N186.6bn (FY 2016 EPS, N11.34; FY 2015 EPS, N10.86)
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Corporate Action
Proposed Dividend:     850 kobo (2015, 800 kobo)
Proposed Bonus:         Nil
Closure Date:              15th – 19th May, 2017
AGM Date:                  4th May, 2017
Payment Date             26th May, 2017
AGM Venue:                To be announced