CONOIL recorded an impressive topline performance in 9M:2020, as revenue surged by 14.62%YoY to NGN100.9bn in the period. The stellar performance reflected the significant growth in product sales from all business segments as both white product (PMS, ATK, AGO, HHK) and lubricant grew by 14.03% and 23.63%, respectively.
You May Also Like
Earnings Update – AIICO 2022FY Earnings Undeterred by the Plunge in Underwriting Profitability.
- April 13, 2023
AIICO Insurance Plc (AIICO) maintained its growth momentum in 2022 through product development and digitalization of its businesses…
Earnings-Update – WAPCO-2021FY Indicators Point to Better Days
- April 8, 2022
Lafarge Africa Plc (WAPCO) delivered an impressive performance in 2021FY raking in a total revenue of NGN293.08bn (vs…
Earnings Update | FCMB | 2019FY
- April 19, 2020
FCMB declared a modest 2.26% YoY growth in gross earnings in its 2019FY results to NGN181.25bn from NGN177.25bn…
Earnings Update | ARDOVA | 9M:2021
- January 24, 2022
ARDOVA continued to perform impressively considering the remarkable topline growth in Q2:2021. Revenue grew by 21.68%YoY to NGN49.33bn…
Earnings Update | DANGCEM | 9M:2020
- November 16, 2020
Dangote Cement Plc’s (DANGCEM) financial scorecard in Q3:2019 showed clearly that the company has put the COVID-19 setback…
Earnings Update | FIDSON | H1:2020
- August 3, 2020
To a large extent, the Coronavirus pandemic was an enabler of prescription volume growth for FIDSON. The firm…