Oando, Nahco, Guinea Ins and Cutix declare results

Category: Corporate Earnings

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Oando, Nahco, Guinea Ins and Cutix declare results

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)
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%