Browsing Tag
Corporate Earnings
4 posts
Geregu Power faces investor unease following bond default and 88% profit drop
Geregu Power Plc has triggered investor alarm after missing bond repayments amid a significant downturn in earnings and revenue during the first half of 2026.
BP Profits Reach Four-Year Peak Amid Middle East Conflict
BP profits surged to $5.73 billion as Middle East tensions pushed oil prices higher, prompting the company to shift focus toward high-return assets and exit North Sea operations.
Shell Profits Soar as Conflict With Iran Drives Oil Prices Higher
Shell's second-quarter profits reached $9.84 billion as the conflict involving Iran caused global oil prices to climb significantly.
BUA Cement Profits Surge 80% to N324.9 Billion Amid Market Expansion
BUA Cement saw an 80% profit increase to N324.9 billion in H1 2026, driven by favorable exchange rate trends, reduced finance costs, and aggressive capacity expansion plans.