By InvestAdvocate
Lagos (INVESTADVOCATE)-Africa’s global lender, United Bank for Africa Plc said on Thursday its pretax profit for the period ended June 30, 2016 rose 3.1 percent to N40.27 billion from N39.04 billion recorded a year ago.
Similarly, profit after tax (PAT) climbed up 1.9 percent to N32.62 billion from N31.99 posted the same period of last year.
However, gross earnings inched down slightly 0.1 percent to N165.6 billion from N165.7 billion declared the same period of last year, the lender said in a filing with the Nigerian Stock Exchange (NSE).
