By InvestAdvocate Lagos (INVESTADVOCATE)-Nigeria’s most capitalised quoted company, Dangote Cement Plc said on Monday its profit after tax (PAT) for the period ended March 31, 2016 dropped 23.52 percent to N52.77 billion from N68.62 billion recorded a year ago. Similarly, profit before tax (PBT) dipped 22.85 percent to N54.53 billion […]
Tag: Profit Before Tax
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 […]
GT Bank Q1 2016 results – Significant loss of N5.3bn in other income line
Wednesday, April 20, 2016 6:07PM/ FBNQuest Event: GT Bank reports Q1 2016 results Implications: Market reaction likely to be neutral to slightly negative Positives: Limited to provisions coming in 4% lower y/y Negatives: Significant (N5.3bn) loss on the other comprehensive income line GT Bank’s Q1 2016 results which have just […]
