Analyst: Oluebube Nwosu* o.nwosu@vetiva.com Target price: ₦5.90 Rating: HOLD TL;DR Impressive 38% y/y growth in Q4’23 revenue, reaching ₦80.5 billion. Remarkable 126% y/y growth in gross profit in Q4’23 to ₦14.4 billion. Significant FX losses and finance costs of ₦43.1 billion sunk PAT to ₦33.8 billion loss in Q4’23. Pricing increases elevate topline In…
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