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FX Related Costs Bite Harder On Earnings of Julius Berger Nigeria Plc

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Julius Berger logo           FX related charges drag Q2 into loss Weak Q2 bottom-line mutes strong profitability over the quarter FY’16 earnings forecast revised lower following disappointing H1 Valuation revised slightly lower amidst pressure on FY’16 earnings JBERGER reported a 94% y/y drop in H1’16 PAT to N136 million after FX ...

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