Why Ardova may not pay 2022 dividend
Consumed by a loss after tax of N7.61 billion, Ardova Plc’s retained earnings for the period ended December 2022 dipped to N-1.24 billion from N6.59 billion in 2021.
The implication of…
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Ardova
What to know before Ardova buys out other shareholders
Ardova Plc, an indigenous integrated energy company which engages in the marketing of petroleum products has no doubt failed to impress its shareholders this year.
At N16.90 as at week…
Meristem analysts ask investors to ‘hold’ Ardova stocks amid proposed…
Recently, Ardova Plc notified the investing public of the intention of its majority shareholder, Ignite Investments and Commodities Limited to buy-out other shareholders in the company at an…
Ardova says to delist from NGX after Ignite buys out other shareholders
Ardova Plc has notified the Nigerian Exchange Limited (NGX) that Ignite Investments & Commodities Limited approached the Board of Directors of the Company with an intention to acquire…
Ardova, Eterna, MRS lead peers in cost of sales ratio
Ardova, Eterna, and MRS recorded the highest cost-of-sales ratio which implies their cost of sales took out most of their revenues compared to their peers, BusinessDay's findings have shown.…