By Abdulquddus OKELE InvestAdvocate Lagos (INVESTADVOCATE)-Africa’s global lender, the United Bank for Africa Plc (UBA) on Friday announced its pretax profit for the period ended December 31, 2017 climbed up 16.1 percent to N105.26 billion from N90.6.4 billion recorded a year ago. Similarly, profit after tax (PAT) grew 8.8 percent […]
Results & Dividends
United Bank for Africa Plc | First Glance: FY-17; Fair Performance
March 23, 2018/Cordros Report United Bank for Africa Plc (UBA) released its FY-2017 results, showing growth in top and bottom line items – Gross earnings (+20.31% to NGN461.56 billion) and PAT (+8.75% to NGN78.59 billion) – but missing our estimates by 2.24% and 3.64% respectively. Against Bloomberg’s polled estimates, pre-tax […]
Chams Plc Reports N1.26 Billion Loss in 2017 End
By InvestAdvocate Lagos (INVESTADVOCATE) – Nigeria’s leading identity management and transaction payments systems solution provider, Chams Plc on March 22, reported a loss of N1.26 billion in the audited year end December 31, 2017 compared to N1.52 billion recorded a year earlier. Chams posted a pretax loss of N1.23 billion […]
