• Lower gross profit margin: down 339bps q/q; 766bps y/y. • Higher opex/sales ratio: up 558bps q/q; 269bps y/y. • A loss before tax of N414million in Q3 2019 against a profit before tax of N1.56billion in Q2 2019 and a profit before tax of N1.10billion in Q3 2018. March 29, […]
Results & Dividends
Fidelity Bank Records Impressive Profit of N22.93 Billion, Offers 11 Kobo Final Dividend
March 29, 2019 By Paschal IJEH InvestAdvocate Lagos (INVESTADVOCATE)-Nigeria’s top tier lender, Fidelity Bank Plc on Friday announced its profit after tax (PAT) for the period ended December 31, 2018 grew 29 percent to N22.93 billion from N17.77 billion recorded a year ago. Profit before tax (PBT) of the Bank […]
ETI Says 2018 Profit Up +46% to N102.17 Billion
March 28, 2019 By InvestAdvocate Lagos (INVESTADVOCATE)-Pan-African lender, Ecobank Transnational Incorporated (ETI) said on Thursday its profit for the period ended December 31, 2018 rose 46.0 percent to N102.17 billion from N69.99 billion recorded a year earlier. Similarly, pretax profit increased 53.5 percent to N135.53 billion from 88.31 billion declared […]
