₦airaland Forum

sterlingD:
AXAMANSARD
https://doclib.ngxgroup.com/Financial_NewsDocs/44742_AXA_MANSARD_INSURANCE_PLC-_QUARTER_2_-_FINANCIAL_STATEMENT_FOR_2025_FINANCIAL_STATEMENTS_JULY_2025.pdf

AIICO
https://doclib.ngxgroup.com/Financial_NewsDocs/44743_AIICO_INSURANCE_PLC.-_QUARTER_2_-_FINANCIAL_STATEMENT_FOR_2025_FINANCIAL_STATEMENTS_JULY_2025.pdf

CHAMS
https://doclib.ngxgroup.com/Financial_NewsDocs/44747_CHAMS_HOLDING_COMPANY_PLC-_QUARTER_2_-_FINANCIAL_STATEMENT_FOR_2025_FINANCIAL_STATEMENTS_JULY_2025.pdf

DAAR
https://doclib.ngxgroup.com/Financial_NewsDocs/44746_DAAR_COMMUNICATIONS_PLC-_QUARTER_2_-_FINANCIAL_STATEMENT_FOR_2025_FINANCIAL_STATEMENTS_JULY_2025.pdf

VERITAS
https://doclib.ngxgroup.com/Financial_NewsDocs/44745_VERITAS_KAPITAL_ASSURANCE_PLC-_QUARTER_2_-_FINANCIAL_STATEMENT_FOR_2025_FINANCIAL_STATEMENTS_JULY_2025.pdf

SCOA
https://doclib.ngxgroup.com/Financial_NewsDocs/44751_S_C_O_A__NIGERIA_PLC-_QUARTER_2_-_FINANCIAL_STATEMENT_FOR_2025_FINANCIAL_STATEMENTS_JULY_2025.pdf

TANTALIZER
https://doclib.ngxgroup.com/Financial_NewsDocs/44753_TANTALIZERS_PLC-_QUARTER_2_-_FINANCIAL_STATEMENT_FOR_2025_FINANCIAL_STATEMENTS_JULY_2025.pdf

JAIZ
https://doclib.ngxgroup.com/Financial_NewsDocs/44752_JAIZ_BANK_PLC-_QUARTER_2_-_FINANCIAL_STATEMENT_FOR_2025_FINANCIAL_STATEMENTS_JULY_2025.pdf

JULIUS BERGER
https://doclib.ngxgroup.com/Financial_NewsDocs/44757_JULIUS_BERGER_NIGERIA_PLC-_QUARTER_2_-_FINANCIAL_STATEMENT_FOR_2025_FINANCIAL_STATEMENTS_JULY_2025.pdf

SKYWAY AVIATION
https://doclib.ngxgroup.com/Financial_NewsDocs/44756_SKYWAY_AVIATION_HANDLING_COMPANY_PLC-_QUARTER_2_-_FINANCIAL_STATEMENT_FOR_2025_FINANCIAL_STATEMENTS_JULY_2025.pdf

NEIMETH
https://doclib.ngxgroup.com/Financial_NewsDocs/44760_NEIMETH_INTERNATIONAL_PHARMACEUTICALS_PLC-_QUARTER_2_-_FINANCIAL_STATEMENT_FOR_2025_FINANCIAL_STATEMENTS_JULY_2025.pdf

CWG
https://doclib.ngxgroup.com/Financial_NewsDocs/44763_CWG_PLC-_QUARTER_2_-_FINANCIAL_STATEMENT_FOR_2025_FINANCIAL_STATEMENTS_JULY_2025.pdf

ETERNA
https://doclib.ngxgroup.com/Financial_NewsDocs/44765_ETERNA_PLC.-_QUARTER_2_-_FINANCIAL_STATEMENT_FOR_2025_FINANCIAL_STATEMENTS_JULY_2025.pdf

SOVEREIGN TRUST
https://doclib.ngxgroup.com/Financial_NewsDocs/44767_SOVEREIGN_TRUST_INSURANCE_PLC-_QUARTER_2_-_FINANCIAL_STATEMENT_FOR_2025_FINANCIAL_STATEMENTS_JULY_2025.pdf

BETA GLASS
https://doclib.ngxgroup.com/Financial_NewsDocs/44766_BETA_GLASS_PLC-_QUARTER_2_-_FINANCIAL_STATEMENT_FOR_2025_FINANCIAL_STATEMENTS_JULY_2025.pdf

CORNERSTONE
https://doclib.ngxgroup.com/Financial_NewsDocs/44769_CORNERSTONE_INSURANCE_PLC-_QUARTER_2_-_FINANCIAL_STATEMENT_FOR_2025_FINANCIAL_STATEMENTS_JULY_2025.pdf


Betaglass drop bomb ooo

Bigdeal01:
Ellah Lake result is still missing. Companies in similar industry have all released their reports.

We know why. You know why too.
Hopeville culture sustaining that stock.

zendi:
I could'nt open the link, but it sounds like a xenophobic hit piece.
In any case our regulators and officials should bear the blame for allowing sharp practices in such transactions.
But the repatriation of profits is time honoured liberty in foreign investment, after all they're here in the first place to make money.

And I know you were playing in your post about taking a dime to SA.

zendi:
Ellah Lake will have the last laugh over it's skeptics, led by Edueco alias Ellah Lekos, and Street, alias Ellah Kpakus.

zendi:
Ellah Lake will have the last laugh over it's skeptics, led by Edueco alias Ellah Lekos, and Street, alias Ellah Kpakus.

zendi:
Abeg what is in Tantalizers Report? Have they taken delivery of 10 trawlers?

There's too much fish in the Atlantic ocean waiting to be harvested, if you watch those National Geographic undersea documentaries.

zendi:
Abeg what is in Tantalizers Report? Have they taken delivery of 10 trawlers?

There's too much fish in the Atlantic ocean waiting to be harvested, if you watch those National Geographic undersea documentaries.

Streetinvestor2:
Abeg no kill me with laughter
Na watin you dey see for the national geography be dat

chinonsobest:
Present Sir! We die here!
Very impressive result.

chimex38:
No mention of fish sef for the report.
But improved metrics.

EDUECO:
Here’s the unaudited H1 2025 result for Tantalizers PLC (Nigeria),

Payunsin:
But is Transcorp result bad?
Dey even declared 40k interim dividend
Why is it still going down?

SAK:
Better to afraid down if you are still loaded with cash.

keeeem:
Pls can anyone help with the prospects of a FCMB shares. Just being curious of its performance in relation to its peers in the market (Fidelity, Wema, Sterling )

EDUECO:
Here’s a detailed summary of FCMB Group Plc’s H1 2025 (6-month period ended 30 June 2025) unaudited financial results:


---

🏦 FCMB Group Plc – H1 2025 Financial Highlights (Jan 1 – Jun 30, 2025)

📌 Overview:

Gross earnings jumped to ₦529.2 billion, up approximately 41% from ₦374.5 billion in H1 2024 .

Profit after tax (PAT) rose to ₦73.4 billion, a 23.4% increase versus ₦59.5 billion in H1 2024 .

Profit before tax (PBT) stood at ₦79.1 billion, up 23% YoY from ₦64.2 billion .



---

📈 Revenue Breakdown:

Interest and discount income surged to ₦458.4 billion, a 70.3% increase from ₦269.2 billion in H1 2024 .

Net interest income grew 95.3%, reaching ₦207.4 billion (from ₦106.2 billion) .

Interest expenses climbed 54.1% to ₦251.0 billion, reflecting higher cost of funds .

Net fee & commission income rose 51.3% to ₦37.9 billion, with total fee income up ~31% to ₦47.4 billion and fee expenses down ~15% to ₦9.5 billion .

Trading income declined by 29.3% to ₦22.2 billion, while other gains fell significantly from ₦37.1 billion to ₦696 million, mainly due to lower FX revaluation and asset disposal gains .



---

🧾 Balance Sheet & Capital:

Total assets expanded to ₦7.54 trillion by June 30, 2025 .

Customer deposits rose almost 40% YoY to ₦4.54 trillion .

Shareholders' equity grew to ₦746.6 billion, up 24.3% from the prior year .

Loans & advances stood at ₦2.38 trillion, supporting income growth .

Cash and cash equivalents totalled ₦1.53 trillion at June 30, increasing sharply from ₦795.4 billion at year-end 2024 .



---

📉 Per-Share Metrics & Capital Adequacy:

Earnings per share (EPS) declined to ₦3.70 basic and diluted, down from ₦6.00 in H1 2024—driven by capital and share count adjustments .

Capital adequacy ratio (FCC) improved to 16.2% at end-2024 from 14.7%, bolstered by FCMB’s ₦147.5 billion public offer in Q4 2024 .



---

🚀 Key Takeaways

FCMB delivered solid top‑line growth, anchored by booming interest income and expanding loan book.

The sharp rise in funding costs partly offset interest income gains, but strong cost control helped maintain healthy margins.

Growth in non‑interest income (fees & commissions) added diversification.

Trading and other gains softened, pointing to volatility in market-sensitive revenues.

Robust deposit inflows and an expanding asset base improved liquidity and capital buffers, though EPS declined due to capital restructuring.



---

📊 Summary Table

Metric H1 2025 YoY Change

Gross earnings ₦529.2 billion +41%
Profit before tax (PBT) ₦79.1 billion +23%
Profit after tax (PAT) ₦73.4 billion +23.4%
Net interest income ₦207.4 billion +95.3%
Fee & commission income ₦47.4 billion +30.9%
Trading income ₦22.2 billion –29.3%
Loans & advances ₦2.38 trillion –
Customer deposits ₦4.54 trillion +39.9%
Total assets ₦7.54 trillion –
Shareholders’ equity ₦746.6 billion +24.3%
EPS (basic/diluted) ₦3.70 ↓ from ₦6.00
Capital adequacy (FCC) ~16.2% (end‑2024) ↑ from ~14.7%

EDUECO:
Lekos is a future company. Its success story may start manifesting from 7 to 10 years time

Bigdeal01:
Ellah Lake result is still missing. Companies in similar industry have all released their reports.

We know why. You know why too.
Hopeville culture sustaining that stock.

EDUECO:
Here’s the latest Half‑Year (H1) 2025 financial summary for Caverton Offshore Support Group Plc, covering the six‑month period ended June 30, 2025:
---
📈 H1 2025 Financial Highlights (January–June 2025)
.........................................................................................

EPS (basic) ₦0.62/share ₦(0.54)/share
---
🧭 Final Thoughts

Caverton’s H1 2025 sets a strong foundation after a challenging 2024 — driven by operational efficiencies, significant forex gains, and improved margins. While profitability and liquidity trends are improving, the balance sheet remains under strain due to negative equity.

Would you like a breakdown of segment performance (e.g. helicopter charter vs maintenance, marine operations), detailed cash‑flow analysis, peer comparisons, or outlook guidance next?

SonofElElyonRet:
Maybe he's talking share dilution and reduced eps

yMcy56:
All these dilution that some people are using to shortchange themselves self.
When the bonus was added, was price not also marked down to deduct the bonus value?
Anyway, anyone is free to go with what works for him/her.....but for me, VFD is a great asset to have, especially for long termers.

That was how we were believed that IB won't deliver because of the dilution...
I know how it was dragged and battered here, while quite some sold it off at N4/N5, but as at today, it was trading well above 13...
One Oga holding unto it for over 3yrs had to sell and shortly after that, Brewery rally started....
I can remember how Mankind held unto it despite all odds, must be reaping the rewards now.
Many roads surely leads to the market......
We all won't view stocks with just one or two parameters alone....some of us looks way more deeper and also check surroundings for inherent values.

Sunrisepebble:
Their EPS doesn’t work straight line like that
Q1 for last year was N5.1, which is N20.4 annualized. They made an EPS of N59 for last year.
My forecast for this year is an EPS of N75-80.
I won’t mind seeing it at 350 though to load more

Sunrisepebble:
Aradel Q2 EPS of N25. On track for bolded. Q2 and Q4 are strongest quarters. I don’t understand the huge staff costs, it makes no sense, the EPS could easily be N100+ at FY without it, there’s something funny going on there

Sunrisepebble:
Aradel Q2 EPS of N25. On track for bolded. Q2 and Q4 are strongest quarters. I don’t understand the huge staff costs, it makes no sense, the EPS could easily be N100+ at FY without it, there’s something funny going on there

yMcy56:
All these dilution that some people are using to shortchange themselves self.
When the bonus was added, was price not also marked down to deduct the bonus value?
Anyway, anyone is free to go with what works for him/her.....but for me, VFD is a great asset to have, especially for long termers.

That was how we were believed that IB won't deliver because of the dilution...
I know how it was dragged and battered here, while quite some sold it off at N4/N5, but as at today, it was trading well above 13...
One Oga holding unto it for over 3yrs had to sell and shortly after that, Brewery rally started....
I can remember how Mankind held unto it despite all odds, must be reaping the rewards now.
Many roads surely leads to the market......
We all won't view stocks with just one or two parameters alone....some of us looks way more deeper and also check surroundings for inherent values.