MUTUAL BENEFITS ASSURANCE PLC – Proposed Rights Issue
Mutual Benefits Assurance Plc has announced the submission of an application to The Nigerian Stock Exchange for approval and listing of a Rights Issue of 4,000,000,000 ordinary shares at 50kobo each on the basis of 1 new ordinary share for every 2 ordinary shares held. Qualification date is Wednesday November 1, 2017.
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PRESCO PLC – Financial Result for Nine Months Ended 30th September, 2017­­­
Revenue: 42% increase from N11.9bn to N16.9bn
Profit after Tax: 21% decrease from N6.8bn to N5.4bn (9Mths 2017 EPS, N5.36, 9Mths 2016 EPS, N6.80)
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INTERNATIONAL BREWERIES PLC – Financial Result for Six Months Ended 30th September, 2017­­­
Revenue: 29% increase from N13.5bn to N17.4bn
Loss for the Period: 97% decrease from N1.9bn to N52.2m (6Mths 2017 EPS, (2kobo); 6Mths 2016 EPS, (57kobo)
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CWG PLC – Financial Result for Nine Months Ended 30th September, 2017­­­
Revenue: 13% decrease from N7.5bn to N6.5bn
Profit after Tax: 822% increase from N4.0m to N36.6m
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BERGER PAINTS NIGERIA PLC – Financial Result for Nine Months Ended 30th September, 2017­­­
Revenue: 26% increase from N1.7bn to N2.1bn
Profit after Tax: 477% increase from N19.7m to N114.0m (9Mths 2017 EPS, 39kobo; 9Mths 2016 EPS 7kobo)
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OANDO PLC – Financial Result for Nine Months Ended 30th September, 2017­­­
Revenue: 68% increase from N227.8bn to N383.4bn
Profit/(Loss) after Tax: 120% increase from (N35.9bn) to N7.1bn {9Mths 2017 EPS, 9kobo; 9Mths 2016 EPS, (315kobo)}
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SEVEN-UP BOTTLING COMPANY PLC – Financial Result for Six Months Ended 30th September, 2017­­­
Revenue: 14% increase from N47.0bn to N53.3bn
Loss for the Period: 302% increase from N1.6bn to N6.3bn
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OKOMU OIL PALM COMPANY PLC – Financial Result for Nine Months Ended 30th September, 2017­­­
Turnover: 52% increase from N10.9bn to N16.6bn
Profit after Tax: 53% increase from N4.2bn to N6.4bn (9Mths 2017 EPS, N6.70; 9Mths 2016 EPS, N4.38)
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