Introduction A thorough analysis of Nestle’s current financial report shows that the 2023 financial year was not a good one for the company. While it made good sales (as evidenced by the higher turnover figure), growing finance costs completely overshadowed…
Introduction FCMB Plc mostly recorded an improvement over the preceding year’s results in terms of turnover and profit, and this improvement carried over to its profit. As a result, the bank recorded better profitability ratios than that of the prior…
Introduction Our analysis of NASCON Allied Industries Plc’s current financial report shows that it had a good year in 2023. It was able to step up the level of its business activities as shown by a growing turnover base. It…
Introduction Our analysis of Zenith Bank’s 2023 recent annual report shows that the year was quite a profitable one for the bank. Not only did the bank record a commendable growth in its turnover, it was also able to maintain…
By Folakemi Emem-Akpan Introduction Honeywell Flour Mills Plc went the way of most other Nigerian companies in 2023, recording lower turnover. It went one step further and recorded downright end of the year losses. Because of the losses, the company…
Introduction A thorough analysis of PZ CussonsPlc current financial report shows that it is yet growing. It was able to step up the level of its business activities as shown by a growing turnover base. It was also able to…
Introduction University Press’ result for the 2023 financial year was not as great as that of 2022, both in absolute growth terms and in terms of profitability ratios. The company’s sales generation ability slowed down a bit, as did its…
By Philemon Adedeji Guinness Nigeria Plc, in its third ended March 31, 2023 reported a decline in profit before tax (PBT) and profit after tax (PAT) amid a significant increase in finance cost and cost of sales (CoS). One of…
By Philemon Adedeji Nigerian Exchan ge Group Plc (“NGX Group” or “The Group”) in its unaudited results for the half year ended 30th June 2023, delivered weak revenue and high operating cost which downsized the profit. The decline in revenue was…
By Philemon Adedeji FBN Holding plc in its unaudited financial results for half year (H1) ended June 30th 2023, delivered a significant increase in key financial ratios that generated outstanding profits, and positioned the oldest bank among Tier-1 financial institutions…
