As the a new trading week is about to begin, we want walk you through the actions that selected listed companies on the Nigeria Stock Exchange (NSE) took last week.
FIDSON HEALTHCARE PLC (FIDSON) released its Unaudited report and financial statements for the period ended 31 March 2020. The company reported an increase in revenue from N3.54 billion in Q1 2019 to N 3.75 billion in Q1 2020. The profit after tax rose marginally to N151.96 million from N144,89 million in Q1 2019.
11 Plc (MOBIL) released its audited financial statement for the period ended 31 December 2019. Revenue grew by 16% to N191.68 billion from N164.61 billion recorded in the 2018. Despite the growth in revenue, the profit for the year dropped by 5% to N8.88 billion in 2019 from N9,33 billion recorded in 2018. EPS also decreased to N24.64 from N25.87 in 2018.
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11 Plc proposed a dividend of N8.25 per 50k kobo ordinary share. The qualification date is 29 September 2020. The date of payment will be advised according to the announced made the company. 11 Plc registrar is Greenwich Registrars and Data Solutions Limited.
The company also released its unaudited financial statements for the period ended 31 March 2020. The revenue grew by 18% to N54.28 billion from N46.07 billion recorded in the same period in 2019. However, the profit for the year dropped by 36% to N1.91 billion from N3.02 billion in Q1 2019. The EPS also dropped to N3.56 from N5.66 in Q1 2019.
Berger Paints Nigeria Plc released its annual report for the year ended 31 December 2019. Berger Paints grew its revenue by 6% to N3.58 billion in 2019 from N3.38 billion in 2018. Despite the marginal growth in revenue, profit after tax rose by 40% to N448.73 million in 2019 from N320.51 million in 2018.
Berger Paints Nigeria Plc proposed a dividend of N0.25 per 50kobo ordinary share, subject to the appropriate withholding tax and approval. The qualification date is 11 June 2020 while the payment date is 25 June 2020. The company’s registrar is Meristerm Registrar. In 2018, Berger Paints paid a dividend of 65kobo per share.
Regency Alliance Insurance Plc, (REGALINS) released its audited report and financial statements for the year ended 31 December 2019. The company reported an increase in gross premium written to N6.27 billion from N5.77 billion recorded in 2018
The company’s profit after tax grew from N273.35 million in 2018 to N716.39 billion in 2019. The EPS increased from 4.1kobo in 2018 to 10.74 kobo in 2019.
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Regency Alliance also issued a notice of board meeting and commencement of closed period. The meeting of the Board of Directors will be held on Tuesday, 16 June 2020. The meeting will consider among other issues, the unaudited account of the company for the first quarter ended 31 March 2020. Closed period will commence on Monday 1 June 2020.
FBN Holdings (FBNH) issued a notification of share dealing by the Group Managing Director, U.K Eke, MFR. Who purchased 15 million units of FBNH shares at N5.67 per share.
Jaiz Bank Plc (JAIZ) released its audited financial statements for the year ended 31 December 2019. The gross earnings rose by 68% to N14.72 billion in 2019 from N8.744 billion in 2018. The profit after tax jumped by 193% to N2.44 billion in 2019 from N834 million 2018. The EPS rose from 2.83kobo to 8.29kobo in 2019.
Nigerian Aviation Handling Company Plc Lagos, Nigeria (NAHCO) released its Consolidated and Separate Audited Financial Statements and other National Disclosures For The Year Ended 31 December 2019, the company’s revenue narrowly increased to N10.00 billion in 2019 from N9.78 billion in 2018.
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The profit for the year jumped to N717.2 billion in 2019 from N196.79 million in 2018. The directors will propose a gross dividend of 30 kobo per ordinary share of 50 kobo each amounting to ₦ 487 million, to the members at the Annual General Meeting for approval (2018; ₦ 406 million).
Dangote Sugar Refinery Plc, (DANGSUGAR) proposed a final dividend of N1.1 per 50kobo ordinary. The qualification date is 19 June 2020 while the payment date will be 48 hours after the AGM. The companies registrar is Veritas Registrars.
Chams Plc and its Subsidiary released audited financial statements for the year ended 31 December 2019. The company reported a slight increase in turnover to N3.29 billion in 2019 to N3.01 billion in 2018. The profit after tax dropped to N322.62 million in 2019 from N380.15 million in 2018. The EPS dropped to 6kobo from 7kobo.
Presco Plc released its annual report and financial statements for the year ended 31 December 2019. Presco reported a drop in revenue to N19.72 billion in 2019 from N21.34 billion in 2018. The profit after tax also dropped to N3.84 billion in 2019 from N4.28 billion in 2018. EPS decreased to N3.74 in 2019 from N4.3 in 2018.
The Board of Directors of the company proposed a dividend of N2.00 per share, which will amount N2 billion. The qualification date payment is yet to be disclosed.
Presco Plc also released its condensed interim financial statements for the three months ended 31 March 2020. The revenue for the period dropped to N5.38 billion from N5.51 billion in 2019 while the profit for the period declined to N1.8 billion from N2.14 billion in 2019.
Written by;
Ifunanya Ikueze
