August 30, 2019
By Yakubu LAAH InvestAdvocate
Lagos (INVESTADVOCATE)-Africa’s global lender, the United Bank for Africa Plc (UBA) said on Friday its profit after tax (PAT) for the period ended June 30, 2019 appreciated 29.6 percent to N56.74 billion from N43.79 billion recorded a year ago.
Profit before tax (PBT) grew 20.9 percent to N70.27 billion from N58.14 billion declared the same period of 2018.
Gross earnings of UBA increased 9.4 percent to N204.88 billion in the half-year (H1) period of 2019, the lender said in a filing with the Nigerian Stock Exchange (NSE).
The Africa’s global lender offered to its shareholders an interim dividend of 20 kobo per share, qualification and closure dates has been scheduled for September 12 and September 13, 2019 respectively, while the dividend payment will be made on September 18, 2019.
