Tag: 2016 first quarter report

FBNH PAT Declines 8.3% in Q1’16

By InvestAdvocate Lagos (INVESTADVOCATE)-Financial HoldCo, FBN Holdings Plc on Tuesday said its profit after tax (PAT) for the period ended March 31, 2016 dropped 8.3 percent to N20.72 billion from N22.60 billion recorded a year ago. Similarly, pretax for the period declined 18.2 percent to N22.05 billion from N26.94 billion […]

Nigerian Breweries Says Q1’ 16 Pretax Profit up 7.14%

By InvestAdvocate Lagos (INVESTADVOCATE)-Beermaker, Nigerian Breweries Plc said on Wednesday its pretax profit for the period ended March 31, 2016 climbed up 7.14 percent to N15 billion from N14.43 billion recorded a year earlier. In the same vein, profit after tax (PAT) grew marginally 3.48 percent to N10.45 billion from […]

Union Bank Post N4.72 Billion PAT in Q1’16

By InvestAdvocate Lagos (INVESTADVOCATE)-Union Bank of Nigeria Plc (UBN) on Wednesday announced it has posted a profit after tax (PAT) of 4.72 billion in its first quarter (Q1) report ended March 31, 2016 compared to N2.40 billion recorded a year ago. Similarly, profit before tax (PBT) grew from N2.49 billion […]