Tag: Pretax Profit

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 […]

Efficiency Gains Drive UBA’s First Quarter Profits To N18 Billion

20/4/2016/UBA Pan Africa financial services group, United Bank for Africa Plc has announced its unaudited results for the first quarter of 2016 showing gross earnings of N74 billion and profit before tax of N18 billion for the three months ended March 2016. The Group sustained its strong profitability, recording an […]

ETI Says Q1 2016 Pretax Profit Down 32.4%

By InvestAdvocate Lagos (INVESTADVOCATE)- Pan-African lender, Ecobank Transnational Incorporated (ETI) said on Wednesday its pretax profit for the first quarter (Q1) period ended March 31, 2016 went down 32.4 percent to N20.63 billion from N30.52 billion recorded a year earlier. Similarly, profit after tax (PAT) declined 33.8 percent to N16.21 […]