April 24, 2018/Cordros Report United Bank for Africa plc released results for Q1 2018, showing growth in Gross earnings (+17.89%), PBT (+4.26% y/y), and PAT (+6.20%), from the previous year, to NGN119.37 billion, NGN26.56 billion, and NGN23.74 billion respectively. Quarter-on-quarter, however, Gross earnings and PAT were lower by 6.49% and […]
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ETI Says Q1 2018 Profit Up 48.6% to N27.75 Billion
By InvestAdvocate Lagos (INVESTADVOCATE)- Pan-African lender, Ecobank Transnational Incorporated (ETI) said on Monday its profit for the period ended March 31, 2018 rose 48.6 percent to N27.75 billion from N18.68 billion recorded a year earlier. Similarly, pretax profit increased 48.1 percent to N33.90 billion from N22.89 billion declared the same […]
Lafarge Post N2.0 Billion Loss in Q1 2018
By InvestAdvocate Lagos (INVESTADVOCATE)-Cement producer, Lafarge Africa Plc has recorded a loss after tax of N2.0 billion in the first quarter (Q1) period ended March 31, 2018 compared to a profit after tax (PAT) of N5.16 billion recorded the same period of 2017. The company posted a loss before tax […]
