By InvestAdvocate

Lagos (INVESTADVOCATE)-Africa’s global Bank, United Bank for Africa Plc (UBA) on Thursday said its half-year (H1) pretax profit for the period ended June 30, 2015 rose 35.14 percent to N39.05 billion from N28.89 billion recorded a year ago.

Similarly, profit after tax (PAT) grew 40 percent to N32 billion from N23 billion reported the same period of last year.

Gross earnings grew to N116.23 billion in the H1 of 2015 from N98.54 billion recorded in the corresponding period of 2014; indicating a growth of 17.95 percent, the lender said in a filing with the Nigerian Stock exchange (NSE).

UBA proposed a 20 kobo per share interim dividend to investors of the company in the H1 period of 2015. According to Africa’s global lender, closure of register is June 30, 2015, while closure date is September 10 and 11, 2015 and payment date has been scheduled for September 16, 2015.

Share price of the lender at the close of today’s trading on the Nigerian bourse increased 4.85 percent to N3.46 from N3.30 recorded on Wednesday’s session; gaining 0.16 kobo per share.