PRESCO PLC – Financial Result for the 6 Months Ended 30th June, 2017
Revenue: 71% increase from N7.5bn to N12.8bn
Profit/(Loss) after Tax: 84% increase from N3bn to N5.6bn (6M 2017 EPS, 556 kobo; 6M 2016 EPS, 301 kobo)
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REGENCY ALLIANCE INSURANCE PLC – Appointment of Chairman
Regency Alliance Insurance Plc. has announced the appointment of Ambassador Baba Gana Kingibe, CFR as the Chairman of the Board of Directors of the Company with effect from 27th July, 2017.
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TOTAL NIGERIA PLC – Debunking of Allegation of Indebtedness
In response to several allegations in the press that the EFCC had recovered a total of N328.9bn from 9 major oil marketers, Total Nigeria Plc. inclusive, the Company has announced that it is not indebted to NNPC/PPMC except in the ordinary course of business and pre-agreed payment terms.
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INTERNATIONAL BREWERIES PLC – Financial Result for the 3 Months Ended 30th June, 2017
Revenue: 37% increase from N6.9bn to N9.4bn
Profit/(Loss) after Tax: 182% increase from (N1.7bn) to N1.4bn (3M 2017 EPS, 41 kobo; 3M 2016 EPS, -50 kobo)
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LAW UNION & ROCK INSURANCE PLC – Financial Result for the 6 Months Ended 30th June, 2017
Gross Premium Written: 17% increase from N2.4bn to N2.8bn
Profit/(Loss) after Tax: 4% increase from N307.3m to N318.7m (6M 2017 EPS, 7.42 kobo; 6M 2016 EPS, 8.94 kobo)
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MAY & BAKER NIGERIA PLC – Financial Result for the 6 Months Ended 30th June, 2017
Revenue: 21% increase from N3.7bn to N4.5bn
Profit/(Loss) after Tax: 215% increase from N30.1m to N94.9m (6M 2017 EPS, 9.68 kobo; 6M 2016 EPS, 3.07 kobo)
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RED STAR EXPRESS PLC – Financial Result for the 3 Months Ended 30th June, 2017
Turnover: 29% increase from N1.6bn to N2bn
Profit/(Loss) after Tax: 11% increase from N108.6m to N120.1m (3M 2017 EPS, 20 kobo; 3M 2016 EPS, 18 kobo)
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STERLING BANK PLC – Financial Result for the 6 Months Ended 30th June, 2017
Gross Earnings: 14% increase from N50.1bn to N56.9bn
Profit/(Loss) after Tax: 6% decrease from N4bn to N3.8bn (6M 2017 EPS, 13 kobo; 6M 2016 EPS, 14 kobo)
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MRS OIL NIGERIA PLC – Financial Result for the 6 Months Ended 30th June, 2017
Revenue: 16% increase from N53.8bn to N62.5bn
Profit/(Loss) after Tax: 23% decrease from N909.7m to N703.5m (6M 2017 EPS, 277 kobo; 6M 2016 EPS, 358 kobo)
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PRESTIGE ASSURANCE PLC – Financial Result for the 6 Months Ended 30th June, 2017
Gross Premium Written: 50% increase from N1.5bn to N2.2bn
Profit/(Loss) after Tax: 85% increase from N189.1m to N349.7m (6M 2017 EPS, 6.50 kobo; 6M 2016 EPS, 3.52 kobo)
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VITAFOAM NIGERIA PLC – Financial Result for the 9 Months Ended 30th June, 2017
Revenue: 34% increase from N11bn to N14.8bn
Profit/(Loss) after Tax: 184% increase from (N159m) to N133.7m (9M 2017 EPS, 16.33 kobo; 9M 2016 EPS, -19.42 kobo)
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THE OKOMU OIL PALM COMPANY PLC – Financial Result for the 6 Months Ended 30th June, 2017
Turnover: 65% increase from N7.5bn to N12.5bn
Profit/(Loss) after Tax: 73% increase from N3.6bn to N6.2bn (6M 2017 EPS, 654 kobo; 6M 2016 EPS, 377 kobo)
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