Presco Plc

Presco Plc, the oil palm producer that is a top runner in growing shareholders’ wealth, may gain further speed with its new strategic engagement for project execution.  The company has driven the bottom-line growth at a galloping speed…

Expectations regarding how companies performed in the third quarter will drive share prices in the equities market in the coming days and weeks. The largest share price gains are likely to come from companies that are leading in profit…

Presco Plc, the oil palm producer, added the strength of new management to its good products in high demand last year, and equity traders and investors understand that combination means an accelerated speed on the earnings track. In the…

Presco Plc has announced the appointment of Iquo Ukoh and Osayi Alile as independent Non-Executive Directors. The company also announced the resignation of Titi Osuntoki as a Non-Executive Director effective 13th November 2024. This is…

Presco’s final quarter is a pleasant surprise to stakeholders and equities traders with an unexpected profit of N52.5 billion, more than one-half of the closing net profit of N104 billion it rolled in for shareholders in 2024. Stirred by…

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,…