CADBURY NIGERIA PLC – Financial Result for the 3 Months Ended 31st March, 2017
Revenue: 13% increase from N7.1bn to N8.1bn
Profit/(Loss) after Tax: 86% decrease from N672.8m to N93m (3M 2017 EPS, 5 kobo; 3M 2016 EPS, 36 kobo)
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eTRANZACT INTERNATIONAL PLC – Financial Result for the 3 Months Ended 31st March, 2017
Revenue: 25% increase from N2.3bn to N2.8bn
Profit/(Loss) after Tax: 43% decrease from N148.5m to N85.3m (3M 2017 EPS, 2.03 kobo; 3M 2016 EPS, 3.53 kobo)
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TRANSNATIONAL CORPORATION OF NIGERIA PLC – Financial Result for the 3 Months Ended 31st March, 2017; Board Changes
Revenue: 20% increase from N13.2bn to N15.8bn
Profit/(Loss) after Tax: 24% increase from N1.2bn to N1.5bn
Profit/(Loss) attributable to Owners of the Parent: 19% decrease from N454.4m to N368.7m (3M 2017 EPS, 0.91 kobo; 3M 2016 EPS, 1.12 kobo)
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The Company also announced the retirement of Mr. Emmanuel N. Nnorom as its President/CEO. He will however remain on the Board of the Company as a Non-Executive Director. In his stead, the Board of the Company has approved the appointment of Mr. Adim Jibunoh as the new President/CEO with effect from 1st June, 2017.
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ASHAKACEM PLC – Financial Result for the 3 Months Ended 31st March, 2017
Revenue: 144% increase from N3.6bn to N8.8bn
Profit/(Loss) after Tax: 1,286% increase from N155.8m to N2.2bn (3M 2017 EPS, 96 kobo; 3M 2016 EPS, 7 kobo)
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CHEMICAL AND ALLIED PRODUCTS PLC – Financial Result for the 3 Months Ended 31st March, 2017
Revenue: 6% decrease from N1.8bn to N1.7bn
Profit/(Loss) after Tax: 7% decrease from N421.5m to N390.4m (3M 2017 EPS, 56 kobo; 3M 2016 EPS, 60 kobo)
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DIAMOND BANK PLC – Audited Financial Result for the Year Ended 31st December, 2016
Gross Earnings: 2% decrease from N217.1bn to N212.4bn
Profit/(Loss) after Tax: 38% decrease from N5.7bn to N3.5bn (FY 2016 EPS, 15 kobo; FY 2015 EPS, 24 kobo)
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