In its full-year results, GUINNESS recorded 28.9% and over eleven-fold growths in revenue and PAT to N206.8 billion and N15.7 billion, respectively. Notably, the bottom line reached its highest level in ten years, aided by price increases, cost efficiency, and a material slump in net finance cost. On the back of the company's consistently positive results, its share price has rallied by 132.1% and 187.2% on a year-to-date and year-on-year basis, making it one of the best-performing stocks on the NGX.
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CardinalStone is a full service investment banking firm with a vision to build a world class investment banking firm of African origin; operating out of Lagos, Nigeria. The firm was incorporated in April 2008 and began operations in June 2008. CardinalStone is duly registered with the Securities & Exchange Commission in Nigeria to carry on business as an Issuing House, Fund Manager and Broker/Dealer
The Firm's activities are carried out across five business units: Asset Management, Investment Banking, Private Equity, Securities Trading and the Business Support Group.
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