Presco shareholders approve N2bn dividend for 2020
Shareholders of Presco Plc on Wednesday unanimously voted for the Board of Directors of the company to pay dividend worth N2billion for the financial year ended December 31, 2020 despite…
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Presco
Revenue surge in H2 fails to lift Okomu, Presco
The revenues of Okomu and Presco rose in the second half (July to December) of 2019, but they are not enough to lift the palm oil makers in the full year of 2019.
The closure of…
Presco berths with pre-tax profit decline of 12.7% in FY’19
The recently released full year (FY) 2019 scorecard of Presco Plc revealed declines across its key top-to-bottom line figures. The unaudited result released to investors on the trading…
No respite for Presco as profit declines in Q1
Presco, a producer of specialty fats and oils, has not had the best start to 2019 as bottom-line slowed by double digits in the first quarter of 2019 following the company’s unimpressive…
Investors reward top performing companies with higher valuation
While overall stock market performance over the last five years has been mostly flattish, a group of 15 publicly listed companies have been able to deliver cumulative stock return of more…