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  #Earnings 🍬 Dangote Sugar Refinery Plc (Q3'25 vs Q3'24) 🟢 Revenue 🔼 +29.3% 🔴 Cost of Sales 🔼 +15.4% 🟢 Gross Profit 🔼 +354.4% 🟢 Admin & Distribution Expenses 🔽 −23.3% 🟢 Operating Profit 🔼 +893.5% 🟢 Net Finance Cost 🔽 −68.5% 🟢 Loss Before Tax 🔽 −96.8% 🔴 Income Tax Credit 🔽 −102.1% 🟢 Loss After Tax 🔽 −94.3% 🟢 EPS (Basic & Diluted) 🔽 −94.3% ❖ [NOT FINANCIAL ADVISORY] ❖ [CONSULT YOUR STOCKBROKER, ACCOUNTANT, BANKER, SOLICITOR OR ANY OTHER PROFESSIONAL ADVISOR FOR GUIDANCE] ❖ [DO YOUR DUE DILIGENCE ]

 #Earnings 🥃 BETA Glass Plc (Q3'25 vs Q3'24) 🟢 Revenue 🔼 +43.4% 🔴 Cost of Sales 🔼 +19.0% 🟢 Gross Profit 🔼 +122.3% 🟢 Admin & Distribution Expenses 🔽 −5.6% 🟢 Operating Profit 🔼 +149.4% 🟢 Net Finance Gain 🔼 +213.0% 🟢 Profit Before Tax 🔼 +224.8% 🔴 Income Tax Expense 🔼 +219.6% 🟢 Profit After Tax 🔼 +227.3% 🟢 EPS (Basic & Diluted) 🔼 +227.4% ❖ [NOT FINANCIAL ADVISORY] ❖ [CONSULT YOUR STOCKBROKER, ACCOUNTANT, BANKER, SOLICITOR OR ANY OTHER PROFESSIONAL ADVISOR FOR GUIDANCE] ❖ [DO YOUR DUE DILIGENCE ]

  #Earnings 🏦 United Bank for Africa Plc (Q3'25 vs Q3'24) 🟢 Gross Earnings 🔼 +3.0% 🟢 Net Interest Income 🔼 +6.2% 🔴 Fee & Commission Income 🔽 −85.1% 🔴 Trading & Forex Income 🔽 −77.3% 🔴 Other Income 🔽 −65.3% 🟢 Net Operating Income 🔼 +3.7% 🔴 Operating Expenses 🔽 −3.5% 🔴 Profit Before Tax 🔽 −4.1% 🟢 Income Tax Expense 🔽 −47.5% 🟢 Profit After Tax 🔼 +2.3% 🔴 EPS (Basic & Diluted) 🔽 −10.5 ❖ [NOT FINANCIAL ADVISORY] ❖ [CONSULT YOUR STOCKBROKER, ACCOUNTANT, BANKER, SOLICITOR OR ANY OTHER PROFESSIONAL ADVISOR FOR GUIDANCE] ❖ [DO YOUR DUE DILIGENCE]

#Earnings 📡 MTN Nigeria Communications Plc (Q3'25 vs Q3'24) 🟢 Revenue 🔼 +57.4% 🟢 Service Revenue 🔼 +57.5% 🟢 Data Revenue 🔼 +73.2% 🟢 Voice Revenue 🔼 +41.9% 🟢 Digital Revenue 🔼 +41.9% 🟢 Fintech Revenue 🔼 +72.5% 🟢 Other Service Revenue 🔼 +32.1% 🔴 Expenses 🔼 +20.2% 🔴 Net Finance Cost 🔼 +30.6% 🟢 FX Gain vs Loss 🔼 +106.1% 🟢 Profit Before Tax 🔼 +257.9% 🔴 Tax Expense 🔼 +289.4% 🟢 Profit After Tax 🔼 +245.7% ❖ [NOT FINANCIAL ADVISORY] ❖ [CONSULT YOUR STOCKBROKER, ACCOUNTANT, BANKER, SOLICITOR OR ANY OTHER PROFESSIONAL ADVISOR FOR GUIDANCE] ❖ [DO YOUR DUE DILIGENCE ]

  #Earnings ✈️ Nigerian Aviation Handling Company Plc (Q3'25 vs Q3'24) 🟢 Revenue 🔼 +40.7% 🔴 Operating Costs 🔼 +46.3% 🟢 Gross Profit 🔼 +37.1% 🔴 Admin Expenses 🔼 +30.9% 🟢 Operating Profit 🔼 +40.9% 🟢 Net Finance Cost 🔽 −65.1% 🟢 Profit Before Tax 🔼 +45.9% 🔴 Income Tax Expense 🔼 +43.8% 🟢 Profit After Tax 🔼 +46.7% 🟢 EPS (Basic & Diluted) 🔼 +46.7 ❖ [NOT FINANCIAL ADVISORY] ❖ [CONSULT YOUR STOCKBROKER, ACCOUNTANT, BANKER, SOLICITOR OR ANY OTHER PROFESSIONAL ADVISOR FOR GUIDANCE] ❖ [DO YOUR DUE DILIGENCE ]

  #Earnings 🍽️ UAC of Nigeria Plc (Q3'25 vs Q3'24) 🟢 Revenue 🔼 +19.8% 🔴 Cost of Sales 🔼 +17.3% 🟢 Gross Profit 🔼 +28.1% 🔴 Admin & Distribution Expenses 🔼 +40.7% 🟢 Operating Profit 🔼 +9.1% 🔴 Net Finance Income 🔽 −173.2% 🔴 Profit Before Tax 🔽 −50.1% 🟢 Income Tax Expense 🔽 −30.0% 🔴 Profit After Tax 🔽 −60.6% 🔴 EPS (Basic & Diluted) 🔽 −58.0% ❖ [NOT FINANCIAL ADVISORY] ❖ [CONSULT YOUR STOCKBROKER, ACCOUNTANT, BANKER, SOLICITOR OR ANY OTHER PROFESSIONAL ADVISOR FOR GUIDANCE] ❖ [DO YOUR DUE DILIGENCE UIDANCE]

  #Earnings 🛢️ Oando Plc (Q3'25 vs Q3'24) 🔴 Revenue 🔽 −20.3% 🔴 Cost of Sales 🔽 −18.9% 🔴 Gross Profit 🔽 −41.9% 🔴 Other Operating Income 🔽 −193.0% 🟢 Impairment Reversal 🔼 −690.3% 🟢 Admin Expenses 🔽 −72.7% 🔴 Operating Profit 🔽 −168.2% 🟢 Net Finance Cost 🔼 +197.6% 🔴 Share of Associate Profit 🔽 −4.7% 🔴 Profit Before Tax 🔽 −37.5% 🟢 Income Tax Credit 🔼 +302.7% 🟢 Profit After Tax 🔼 +163.9% 🟢 EPS (Basic & Diluted) 🔼 +166.7% ❖ [NOT FINANCIAL ADVISORY] ❖ [CONSULT YOUR STOCKBROKER, ACCOUNTANT, BANKER, SOLICITOR OR ANY OTHER PROFESSIONAL ADVISOR FOR GUIDANCE] ❖ [DO YOUR DUE DILIGENC E]