August 6, 2018
By InvestAdvocate
Lagos (INVESTADVOCATE)-Nigeria’s top tier lender Zenith Bank Plc on Monday said its pretax profit for the half-year (H1) period ended June 30, 2018 grew 16.46 percent to N10.7.36 billion from N92.18 billion recorded a year earlier.
Post-tax profit of the lender for the review period also appreciated 8.52 percent to N8.74 billion from N75.32 billion declared the same period of last year.
Gross earnings declined to N380.44 billion in the 2018 half-year from N322.20 billion in the corresponding period of 2018; indicating a drop of 15.31 percent, ZENITHBANK said in a filing with the Nigerian Stock Exchange (NSE).
The lender in its coprorate action to the NSE, proposed a dividend of 0.30 kobo per share, qualification and closure date has been schdueld for August 17 and August 20, 2018 respectively and payment date for the dividend to investors is August 24, 2018.
