Q2 2022 Unaudited Result

International Breweries Plc is back into a loss of N385 million in the second quarter after a profit of N721 million in the first quarter raised a flicker of hope for an upswing. It is nevertheless some progress for the brewing company in…

AIICO Insurance Plc saw a disappointing second quarter in which profit fell by 89 per cent year-on-year to N185 million and the operating speed with which it built N4.7 billion profit in the first quarter halted.   With the strong first…

Unilever Nigeria’s operating profit of N963 million in the second quarter was consumed by net finance cost of N335 million and income tax of N518 million, leaving N110 million for shareholders. With that, the company lost the room for…