Culled—Proshare September 27, 2018/CardinalStone Research Fidelity Bank Plc (FIDELITYBK) H1’18 results – Gross earnings rose by 3.6% YoY to N88.9 billion, in line with our estimate of N86.5 billion (+2.8% deviation). More remarkably, after tax profit leapt by 31.1% YoY to N11.8 […]
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Nigerian Stocks Halt Bullish Run on Losses Across Sectors, as Y-t-D Returns Down -13.81%.
September 26, 2018 By InvestAdvocate Lagos (INVESTADVOCATE)-The Nigerian equities market on Wednesday closed the third trading session of the week in the red, losing 0.46 percent to 32,963.27 basis points; as Year-to-Date (YTD) returns currently stand at -13.81 percent. InvestmentOne reports that market breadth index was negative with 17 gainers compared […]
Fidelity Bank Says H1 2018 Pretax Profit up 27.3 % to N13.01 Billion
September 26, 2018 By InvestAdvocate Lagos (INVESTADVOCATE)-Lender Fidelity Bank Plc said on Wednesday its pretax profit for the half-year (H1) period ended June 30, 2018 increased 27.3 percent to N13.01 billion from N10.21 billion posted a year ago. Post-tax profit of the Bank rose 31.1 percent to N11.84 billion from […]
