Just as the case in 2021FY, FBN Holdings Plc (FBNH) reported impressive topline performance in Q1:2022 as gross earnings advanced by 32.20% YoY to NGN180.56bn. This improvement was hinged on growth in both interest and non-interest income. The group’s interest income increased by 39.68% YoY to NGN109.45bn on the back of increase in all funded income revenue sources.
You May Also Like
Earnings Update – NESTLE H1_2023 FX Devaluation Undermines Positive Operating Performance
- August 29, 2023
In its H1:2023 financial scorecard, NESTLE recorded a 17.68% improvement in topline to NGN261.77bn from NGN222.45bn in H1:2022.…
Earnings Update- NASCON | 2022FY Impressive Performance Despite Cost Pressures
- March 13, 2023
NASCON’s revenue grew strongly in 2022FY to NGN58.79bn, topping its performance in 2021FY by 76.64%YoY. The firm recorded…
Earnings Update – DANGSUGAR | BUAFOODS | Q1:2022 DANGSUGAR: Topline Growth Sustains Momentum | BUAFOODS: Cost Pressures Suppress Profitability Margins
- May 30, 2022
DANGSUGAR – DANGSUGAR’s topline grew by +40.15% YoY to NGN94.45bn in Q1:2022 from NGN67.39bn in Q1:2021. Cost of…
Earnings Update – DANGSUGAR – 2021FY
- March 22, 2022
DANGSUGAR’s revenue hit record high in 2021FY. The firm’s topline climbed to NGN276.05bn (vs NGN214.30bn in 2020FY), driven…
Earnings Update – CUSTODIAN 2022FY Strong Growth in Interest Income Buoys Earnings.
- April 5, 2023
Custodian Investment Plc. (CUSTODIAN) in its 2022FY financial scorecard recorded a notable growth of 20.22% YoY in gross…
Earnings Update | INTBREW | Q1:2020
- May 6, 2020
International Breweries Plc. (INTBREW), reported a marginal increase in revenue (+0.72%) to NGN35.35bn in Q1:2020. On a quarter…