Companies Present Scorecards to Nigeria Stock Exchange
 10th OCT 2006

Meanwhile, five other companies presented their scorecards to the Nigerian Stock Exchange last week.

By the results, 7-up Bottling Company Plc in its financial year ended March 31, 2006 recommended a dividend of N1.25 per share and a bonus of one new share for every four already held, with the closure of register slated for October 9, 2006 and payment date of November 29, 2006.

Intercontinental Bank Plc's audited result for the half year ended August 31, 2006 showed gross earnings of N33.93 billion up from N13.62 billion in 2005, culminating in an after tax profit which stood at N6.34 billion compared with N3.32 billion in 2005.

The directors have recommended a dividend of 30 kobo per share, but the date for the closure of register and payment would be advised later.

Unic Insurance Plc in its audited result for the year ended December 31, 2005 showed a gross premium of N1.35 billion up from N1.3 billion in 2004, which culminated in an after tax profit of N291.21 million in 2005 over N222.8 million in 2004.

The directors have recommended a dividend of 11 kobo per share and payment date is November 6, 2006.
Unic Insurance Plc also posted an after-tax profit of N182.6 million in the half year June 30, 2006, over N96.1 million in 2005, on a gross premium which rose from N638.85 million in 2004.

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