Presco

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…

MICHAEL MOSES Presco operated in 2018 without the performance booster that gave it an extraordinary leap in profit in the 2016 financial year. The oil palm and rubber producing company is again continuing in the same fashion this year…

By CHUKWUMAH KELECHUKWU. Analysts at the FBNQuest Research have cut earnings outlook of Presco Plc, specialty fats and oils producers, after the stock shed -22 percent in price valuation coupled with poor financial performance for the…

Trading resumed on the nation’s bourse on Tuesday still on a negative trend, declining marginally by 0.01 per cent in a cautious trading. The News Agency of Nigeria reports that the All-Share Index lost 3.46 points or 0.01 per cent to…

Investors’ net worth on the Nigerian Stock Exchange dropped by N581bn in November, amid ‘sell pressure’ ahead of the 2019 general elections and Yuletide celebrations. Data obtained by the News Agency of Nigeria from the exchange showed…