Transcorp Hotels cuts pretax loss by 97% to N102m in H1 as hospitality sector recovers

Transcorp Hotels Plc has announced its un-audited financial statements for the half year ended June 30, 2021. The results published on the Nigerian Exchange Group showed that revenue rose by 84% to N8.4bn from N4.5bn in June 2020, while total assets rose by 5.27% to N119bn from N113bn during the period under review. Shareholders’ funds stood at N61bn, maintaining its year-end 2020 level.

Read More

Presco grows profit by 159.88% to N6.7b in Q2 2021

WorldStage Newsonline– Presco Plc, a Benin City based fully-integrated agro-industrial establishment with oil palm plantations, palm oil mill, palm kernel crushing plant and vegetable oil refining and fractionation plant  has released its financial statement for  second quarter ended 30 June 2021 with 159.88% increase in profit to N6.731 billion from N2.59 billion in Q2 2020.

Read More

Okomu Oil Palm boosts profit by 115.5% to N4.3b in Q2 2021

WorldStage Newsonline– Okomu Oil Palm Company Plc, a Nigeria-based company engaged in cultivation of oil palm, processing of fresh fruit bunches into crude palm oil for resale, rubber plantation and processing of rubber lumps to rubber cake for export has released its earnings  financial statement for second quarter ended June 30, 2021 with 115.51% jump in profit to N4.265 billion from N1.979 billion in Q2 2020.

Read More

Nigerian Bottling Company reaffirms commitment to achieving zero plastic waste in Nigeria

Leading stakeholders in Nigeria’s manufacturing and waste management sectors have applauded the Nigerian Bottling Company Limited (NBC), a leading consumer packaged goods company and a member of the Coca-Cola Hellenic Bottling Company (CCHBC), for its innovative initiatives aimed at optimising plastic packaging and waste management in the country.

Read More