July 29. 2021

By Pascal IJEH InvestAdvocate

Lagos (INVESTADVOCATE)- FCMB Group Plc said on Thursday its half-year profit for the period June 30, 2021 declined 22 percent to N7.6 billion from N9.7 billion recorded the same period of 2020, the lender said in a filing with the Nigerian Exchange Group (NGX).

Similarly, profit before tax (PBT) also depreciated 19.5 percent to N8.9 billion from N11.1 billion reported last year.

Gross earnings of FCMB -4.0 percent in the half-year period ended June 30, 2021 to N94 billion from N98 billion in the half-year of 2020