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Nigerian Stock exchange. Recently released results

September 22nd, 2007 Ogbuotobo Chuks || chuks@stockmarketnigeria.com

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By Ogbuotobo Chuks

The stock market was flooded last week with the results of some quoted companies. Some declared dividends, while some gave a hint as to what their full year results would look like. Below are some of the results released.

Unity Bank Plc

The bank released its full year result for the period ended June 30, 2007. In the result, turnover increased by about 138 percent, from N5.00 billion in 2006 to N11.90 billion in 2007. Profit before tax increased from N0.46 billion to N2.3 billion, representing an increase of 401 percent.

Consequently, profit after tax increased from N0.41 billion in 2006 to N1.37 billion in 2007, indicating an increase of about 235 percent. At the end of the day, the company declared a bonus of 1 new share for every 10 previously held. the company register closes on October 9, 2007.

Conoil Plc.

The petroleum company released its half year result for the period ended June 30, 2007. In the result, turnover dipped by 20 percent, from N41.10 billion in 2006 to N32.80 billion in 2007. Profit before tax also fell from N1.62 billion in 2006 to N1.23 billion in 2007.

After tax profit for the period was no better, as this figure fell 21 percent, from N1.10 billion in 2006 to N0.86 billion in 2007.

 

Guiness Nigeria plc

The brewery giant also was not left out, as the company released its full year result for the period ended June 30, 2007. In the result, turnover grew 16 percent, from N53.60 billion in 2006 to N62.20 billion in 2007. Profit before tax moved northward from N11.40 percent in 2006 to N14.80 billion in 2007.

Profit after tax also moved up from N7.44 billion in 2006 to N10.60 billion in 2007, representing an increase of about 42 percent. The company has proposed a dividend of N4.50 per share.

 

 

Comments

22 Responses to “Nigerian Stock exchange. Recently released results”

  1. Global Voices Online » Nigeria: Nigerian Stock Exchange results on September 25th, 2007 5:02 pm

    [...] Ogbuotobo blogs about the recently released results of the Nigerian stock exchange: “The stock market was flooded last week with the results of some quoted companies. Some declared dividends, while some gave a hint as to what their full year results would look like.” Share This [...]

  2. farouk on October 27th, 2008 12:06 pm

    everyday we say its the bottom we find another drop the next day

  3. Okafor obinna on November 27th, 2008 7:50 am

    Plsease i need somebody to tell how or what to do, to get my FIRST INLAND share certificate which i bought since january. Thanks

  4. Okafor obinna on November 27th, 2008 7:57 am

    Please i also want to know if Diamond bank have realese Dividend from 2005 till date.Please tell me our to get mine thanks. chetaobison@yahoo.com

  5. AYODELE DAYO ADEKUNLE on December 1st, 2008 4:08 pm

    How can i buy share from guiness and chevron? it is very important

  6. Awuzie kingsley on December 8th, 2008 12:09 am

    Can dividend paid into my acc

  7. uzo opara on January 13th, 2009 2:40 pm

    what is happening with Daar Communication please?.

    Dokpesi said He must ensure he doesn’t go beyond at least the cost prize, now what is happening, even after some of us had to patronize them in the face of their dying economic situation as at then.

    we are disappointed with Daar Comm.

  8. Salawu on February 20th, 2009 2:38 pm

    pls, i want to know about honey well share that i bought last year December. How do i get my certificate ?

  9. Ayuba on March 16th, 2009 12:02 am

    Please my project is about stock market and i need reports of the stock exchange for the past four years 2004-2008, i don’t know if this is available on the net or where can i get it

  10. machief on March 26th, 2009 3:21 pm

    my project is on challenges of millennium development goals in nigeria. i am looking for the data on real GDP growth rate from 1998-2007. please help as it will facilitate my work

  11. musa, adamu latir on April 8th, 2009 4:33 pm

    please tell me what to do where my shares certificates are posted into somebody’s cscs account.

  12. Ajayi Ayodeji on May 1st, 2009 9:22 am

    I bought Oceanic,UBA,and Dangote Flour mills last offer,d address on my Shares Certificate are no longer function.Have oppened cscs a/c now so what can i do pls. Now, i dnt knw if bonus/dividend have been send 2 me through d address on Shares certificate. pls advise me on this matter. 08034477532,08053798675. daygyfresh@yahoo.com

  13. OGIEVA CHARLES EGHE on May 8th, 2009 1:30 pm

    20000 units of JAPAUL OIL IPO were bought in their last offer through my broker CSL STOCKBROKER LIMITED,PORTHARCOURT BRANCH.Till date,I have not receieved my share certificate for alloted shares and return money{if any} for non-alloted shares.My broker has shown me proof for the purchase,I have written to sterling registrar,I have not gotten any answer from them.Pls help, let them send it to my stock broker or my postal address;10 Agbonlahor Street,Off Okhoro Road,Benin City,Edo State.

  14. The Editor on May 9th, 2009 3:20 pm

    @ OGIEVA CHARLES EGHE,

    Sterling registrars are the people to help you really. I am sorry, we cant help on this.

  15. PHILIP ADESUA on May 24th, 2009 1:58 pm

    Grateful you enlighten me on the term PRIVATE PLACEMENT. How does it affect an investor whose fund was placed on private placemnet through a fund manager/broker?

  16. ogunnowo ruth .o on May 27th, 2009 1:26 pm

    Please my project is about stock market and impact on nigerian economic growth and development and i need reports of the nigerian stock exchange for the past four years 2004-2009, i don’t know if this is available on the net or where can i get it

  17. Stan on May 28th, 2009 4:01 pm

    i need a table of the Nigerian capital market indicators from 1988 till date

  18. The Editor on May 29th, 2009 5:26 pm

    Sorry Stan. We don’t have this data. You may want to contact the NSE.

  19. geoffrey obinna oyeudo on July 10th, 2009 9:30 pm

    i havn’t got my share certificate for the shares that i bought from Equiuty assurance and honey well.my phone number is 07063019904

  20. afeez babatunde onashokun on July 15th, 2009 6:41 pm

    only want to ask this question , if someone fail to register under cscs b4 the stipulated date what may be the consiquence, because i got a shares from zenith bank and first bank since 2006- 07, but due to my living in abroad i have been able to register through cscs.

  21. ola on September 28th, 2009 3:02 pm

    its so rediculous that nigeria has no database for banks even past 2 years data for banks on internet is not available. I suggest Nigeria should learn from the developed countries cos the country lack so much in information.

  22. ola on September 28th, 2009 3:13 pm

    why are the so called nigerian leaders self centered. we need to give the so called leaders from the presidential position down to the least employee in an organisation a defined and meaningful orientation on how to serve humanity.

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