Equity reports

Get to know your offshore companies: TENCENT HOLDINGS LTD (HK: 0700)

Tencent Holdings Limited is an investment holding company principally involved in the provision of value-added services (VAS) and online advertising services. The company released its first-quarter results for 2019 on Wednesday, 15 May. Tencent reported a 16% increase in revenue to Rmb 85.5bn. The holding company’s segment that showed the biggest gains was its FinTech […]

Equity reports

Get to know your offshore companies: GILEAD SCIENCES INC. (NASDAQ: GILD)

Gilead Sciences, Inc. is a research-based biopharmaceutical company that discovers, develops and commercialises innovative medicines in areas of unmet medical needs. The company’s primary areas of focus include HIV, AIDS, liver disease, oncology and serious cardiovascular and respiratory conditions. The company acquired Kite Parma in the first quarter of 2018. Kite Parma develops a drug […]

Equity reports

Get to know your offshore companies: APPLE INC. (NASDAQ: AAPL)

Apple Inc. recently reported their 2nd quarter 2019 results for the period ended 30 March 2019. Net sales decreased by 5% to $58 billion (2018: Q2 $61.1 billion), slightly above analyst expectations of $57.5 billion, while diluted earnings per share came in at $2.46, which was higher than Wall Street consensus of $2.36 per share. […]

Equity reports

Get to know your offshore companies: DIAGEO PLC (LSE: DGE)

Diageo plc, together with its subsidiaries, produces, markets and distributes premium alcoholic beverages worldwide. The company offers globally recognised flagship brands such as Smirnoff, Johnnie Walker, Captain Morgan, Cîroc, Guinness, Jose Cuervo, Bell’s, VAT 69, J&B, Tanqueray and Gordon’s. Diageo reported a double-digit operating profit increase of 12% mainly due to revenue growth and productivity […]

Equity reports

Get to know your offshore companies: PEPSICO INC (NASDAQ:PEP)

PepsiCo Inc. is a global food and beverage company which operates through six segments. The company recently reported their fourth-quarter and annual 2018 results. Core earnings for the financial year came in at $5.66 per share, rising 8% from the same period last year. PepsiCo also boosted its annual dividend by 12% to $3.60 per […]

Equity reports

Get to know your offshore companies: HEINEKEN NV (AEX: HEIA)

Heineken, the world’s second-largest beer brewing company, engages in the production and distribution of alcoholic and non-alcoholic beverages with a focus on premium products. The company reported its full year (FY) results ending 2018, on 13 February 2019. The company reported strong organic revenue growth in difficult trading conditions, up 5.9% to €26.8 billion from the […]

Equity reports

Get to know your offshore companies: APPLE INC. (NASDAQ: APPL)

Apple Inc. designs, manufactures and markets mobile communication and media devices, personal computers and portable digital music players. The Company sells a range of related software, services, accessories, networking solutions, and third-party digital content and applications. On Tuesday Apple reported their 1st quarter 2019 results for the period ended 31 December 2018. Net sales decreased […]

Equity reports

Get to know your JSE companies: Afrimat Limited (JSE: AFT)

Afrimat Limited is an open pit mining company that supplies materials and contracting services to the industrial minerals, building, construction, road building, railroad and mining sectors. In the group’s latest financial results for the half-year ended 31 August 2018, Afrimat reported revenue growth of 28.6%, profit from operations increased by 4.3%, diluted headline earnings per […]

Equity reports

Get to know your offshore companies: Samsung Electronics (KSE: 005930)

Samsung Electronics Co., Ltd. is a Korean-based company principally engaged in the manufacture and distribution of electronic products. The Company distributes its products within the domestic market and to overseas markets. Samsung recently released their results for the third quarter of 2018. Their sales increased by 5.5%, operating profit increased by 20.9% and net profit increased […]

Equity reports

Get to know your offshore companies: ALLIANZ (ETR: ALV)

Allianz Group is a global financial service provider with services predominantly in the insurance and asset management business. Allianz SE, the parent company, is headquartered in Munich, Germany. The company’s segments include Property-Casualty, Life/Health, Asset Management, and Corporate and Other. Allianz recently reported their results for the third quarter ending 30 September 2018. Total revenues […]

Equity reports

Get to know your JSE Companies: DISTELL GROUP HOLDINGS LTD (JSE: DGH)

In Distell’s results for the full year ended 30 June 2018, the group reported volume growth of 4.4%, revenue excluding excise duty grew by 7.7% and headline earnings per share declined by 5.6%. Normalised headline earnings per share, which excludes certain once-off items and forex movements rose by 5.2%. The board declared a final gross […]