By InvestAdvocate
Lagos (INVESTADVOCATE)-Leasing services firm, C & I Leasing Plc said on Wednesday its offering investors of the company an 8 kobo per share dividend in its audited year ended December 31, 2014.
Pretax profit climbed up 35.2 percent to N411.8 million from N304.5 million a year earlier.
In the same vein, profit after tax (PAT) increased 10.2 percent to N178.0 million from N161.5 million in the corresponding period of 2013.
Gross earnings of C& I Leasing grew from N12.3 billion in 2013 end to N13.9 billion in the review period of 2014; indicating a growth of 12.9 percent, the company said in a filing with the Nigerian Stock Exchange (NSE).
At the close of today’s session on the Nigerian bourse, share price of the leasing firm climbed up 3.70 percent to 56 kobo from 54 kobo traded on Tuesday’s session; gaining 0.02 kobo per share.
