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Oando, Nahco, Guinea Ins and Cutix declare results

Category: Corporate Earnings

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Oando, Nahco, Guinea Ins and Cutix declare results

November 08, 2007/Afrinvest


Oando Oil Plc, Nahco Plc, Guinea Insurance Plc and Cutix Nigeria Plc released their financial results on the floor of the Nigerian Stock Exchange today.

Oando Plc Turnover PBT TAX PAT
  =N=\'000 =N=\'000 =N=\'000 =N=\'000
30-Sep-07 9 Mths  174,300,000    4,400,000     851,800       3,548,200
30-Sep-06 9 Mths  155,700,000    3,000,000     694,000       2,306,000
    11.9% 46.7%   53.9%
Minority Interest September 2007 (N676.5m); 2006 (N320.6m)
Nahco Plc Turnover PBT TAX PAT
  =N=\'000 =N=\'000 =N=\'000 =N=\'000
30-Sep-07 9 Mths      2,600,000       550,800     176,300         374,500
30-Sep-06 9 Mths      2,400,000       448,400     143,500         304,900
    8.3% 22.8%   22.8%
Guinea Insurance Plc Turnover PBT TAX PAT
  =N=\'000 =N=\'000 =N=\'000 =N=\'000
31-Dec-06 12 Mths        678,300       114,900       23,900           91,000
31-Dec-05 12 Mths        526,200        39,100        9,000           30,100
    28.9% 193.9%   202.3%
Guinea Insurance Plc Turnover PBT TAX PAT
  =N=\'000 =N=\'000 =N=\'000 =N=\'000
30-Jun-07 6 Mths        340,700       215,400       43,100         172,300
30-Jun-06 6 Mths        215,100        74,800       15,900           58,900
    58.4% 188.0%   192.5%
Cutix Plc Turnover PBT TAX PAT
  =N=\'000 =N=\'000 =N=\'000 =N=\'000
31-Jul-07 3 Mths        318,200        43,400       15,190           28,210
31-Jul-06 3 Mths        246,000        65,300       22,800           42,500
    29.3% -33.5%   -33.6%

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