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Firms present scorecards to the Exchange
August 10, 2009

NINETEEN quoted firms last week presented their scorecards to the Council of the Nigerian Stock Exchange and their shareholders.

Precisely, following the audited result released by PZ Cussons Nigeria Plc for the financial year ended December 31, 2008 the company's Board of Directors is recommending a dividend of 68 kobo per share to its shareholders.

For University Press Plc, its audited result for the year ended 31st March 2009, showed a turnover of N1.6 billion as against N956.94 million in 2008, while its profit after tax stood at N241.4 million compared with N163.51 million in 2008.

Based on the result, the company's Board of Directors is recommending a dividend of 40 kobo per share and bonus of 1 for 5 to its shareholders.

AIICO Insurance Plc's audited result for the year ended 31st December 2008, showed a gross premium of N7.5 billion as against N4.67 billion in 2007.

With a profit after tax of N624.8 million compared with N304.71 million in 2007, the company's Board of Directors is recommending a bonus of 1 for 4 to its shareholders.

For IPWA Plc, its audited result for the year ended December 31, 2008, showed a turnover of N563.8 million as against N485.7 million in 2007, while its profit after tax stood at N21.51 million compared with N68.52 million in 2007. The company's Board of Directors is however recommending a dividend of 2 kobo per share to its shareholders.

Unaudited result of Nestle Nigeria Plc for the half-year ended June 30 2009, showed a turnover of N31.3 billion, as against N22.9 billion in the comparable period of 2008, while its profit after tax rose to N4.1 billion, up from N3.3 billion in 2008.

Bank PHB Plc's unaudited result for the fourth quarter ended 30th June 2009, showed gross earnings of N141.2 billion, as against N86.5 billion in the comparable period of 2008, while its profit after tax stood at N10.9 billion compared with N19.4 billion in 2008.

Unaudited result of STANBIC IBTC Bank Plc for the half year ended June 30, 2009, showed gross earnings of N27.1 billion, as against N29.8 billion in the comparable period of 2008.

With a profit after tax of N5.5 billion compared with N8.2 billion in 2008, the bank made provision for losses of N332.1 million compared to N82.45 million in 2008.

Mobil Oil Nigeria Plc's unaudited result for the half year ended 30th June 2009, showed a turnover of N32.4 billion, as against N32.9 billion in the comparable period of 2008, while its profit after tax stood at N644.3 million compared with profit after tax and exceptional items of N1.2 billion in 2008.

Furthermore, Unilever Nigeria Plc's unaudited result for the half year ended June 30, 2009, showed a turnover of N21.1 billion, as against N19.1 billion in the comparable period of 2008, while its profit after tax stood at N2.5 billion compared with N1.7 billion in 2008.

Chemical & Allied Products Plc's unaudited result for the half year ended June 30, 2009, showed a turnover of N1.36 billion, as against N1.17 billion in the comparable period of 2008, while profit after tax stood at N256.4 million compared with profit after tax and exceptional items of N336.65 million in 2008.

The Guardian Newspaper, Monday August 10, 2009

 

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