Presco Plc

The Nigerian Exchange Limited (NGX) resumed the new week on a negative note as the bears took control of trading activities on Monday. The market closed last week bullish with equities rallying to a 1.76 per cent gain on Friday. The ASI…

Presco Plc, the oil palm and rubber producer, faced mounting pressure from input costs in the first quarter, which consumed much of the gain in sales and left profit flat at less than N5.9 billion for the quarter. The year seems to have…

Presco Plc has ended a bad trend of three years of dropping profit that extended into the first quarter of 2020. It sealed the prospects for the falling profits extending to the fourth year with a rebound at half-year – which it sustained…

The gain recorded on Wednesday on the floor of the Nigerian Stock Exchange, (NSE) was halted 24 hours later as shares fell on Thursday. The All shares Index (ASI) dropped from 34,818.01 basic point on Wednesday to 34,643.65 basic point,…

Presco Plc is losing profit for the fourth straight year and the downturn gained speed in the first quarter ended March 2020.  The oil palm and rubber producing company lost 10.4 percent of the prior year’s profit at the end of 2019,…

Presco Plc has been losing profit since 2017 and the year-on-year profit drop marked the company’s trading all the way to the third quarter in 2019. Will the final quarter end at a loss as happened in 2018 or will there be profit good…

Presco Plc has been losing profit since 2017 and the year-on-year profit drop marked the company’s trading all the way to the third quarter in 2019. Will the end year result be a loss as happened in 2018 or will there be profit good enough…