Presco

When the management of the Nigerian Exchange Limited (NGX) in July 2023 announced that it was reclassifying Fidelity Bank Plc from small-price stock to medium-price stock, financial analysts concluded that the road to attaining Tier-1…

Presco Plc defied the off-season leanness it expected in the final quarter and lifted profit, a clear 133 per cent to N30.4 billion at the end of 2023 operations – about N6 billion ahead of its full-year target. The final quarter…

Presco Plc, the oil palm and rubber producing company, encountered further cost increases in the second quarter that slowed down profit improvement amidst strongly growing sales revenue. While the company grew turnover by over 63 per…

The new week opened with negative sentiment toward equities ss the Nigerian Exchange Limited (NGX) leading to the NGX's All-Share Index (ASI) losing 68.45 index points or 0.13 per cent to close at 52,911.51 basis points down from its…

Presco Plc raced through the earnings track in 2021 from the first quarter to finish the financial year multiplying profit more than three and half times to almost N19 billion. The oil palm and rubber producing company experienced robust…

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…

Shares of Nigerian Breweries, MTN Nigeria, Guinness, NASCON and Presco were among the biggest gainers on Wednesday, as the Nigerian equities sustained its growth for the third consecutive day. The appreciation in stocks was impacted by…

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,…

ISMAIL MUSA The new week saw commenced on a dull on the Nigerian Stock Exchange (NSE) where its All Share-Index declined by 0.39 percent, closing the trade at 23,950.83. In the last session, the NSEASI closed lower at 24,045.40, following…

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…