Earnings Update
NIGERIAN BREWERIES PLC _ 9MONTHS UNAUDITED ACCOUNT_ 2020
Nigeria Breweries Plc The firm’s maintained its uninspiring performance, as both topline and bottom-line indicators were on a slide for the 9months reporting period. Gross earnings: NBplc, gross earnings for the period contracted marginally by 0.78% to N234.841million from N236.683million, this dip was propelled by decline recorded across the component that makes up the earnings…
GUARANTY TRUST BANK QUARTER 3, 2019 PAT INCREASES BY 3.53%
Guaranty Trust Bank Quarter 3, 2019 Report Sanpshot; Gross Earnings Deep by 3.28% Revenue for Q3, decline by 5.28% Credit Impairment Charges Inched Higher By 59.01% OPEX Decline by 2.73% PAT inched higher by 3.53% Read More:
FIDELITY BANK 2019 HALF YEAR PAT GROWS BY 15.55% to N13.685 Billion
FIDELITY BANK 2019 HALF YEAR FINANCIAL PERFORMANCE REVIEW Gross Earnings: The Bank’s gross earnings for its half year report inched higher in double fold by 12.31% to N103.655Billion compared with the gross earnings of N92.295 Billion earned as at 30th June, 2018, this growth was driven by significant appreciation recorded on other operating income, as…
UBA-HALF-YEAR-2019-PAT-GROWS-BY-29.56%-TO-N56.739Billion
UNITED BANK FOR AFRICA 2019 HALF YEAR FINANCIAL PERFORMANCE REVIEW Gross Earnings: The Bank’s gross earnings as at 2019 half year report inched higher by 13.87% to N293.690Billion compared with the gross earnings of N257.918 Billion earned as at 30th June, 2018, this growth was driven by appreciation recorded on Interest Income, Fees & Commission…
STANBIC HALF YEAR 2019 PAT DEEP BY 15.87% TO N36.245B
FINANCIAL PERFORMANCE -REVIEW Gross Earnings: The Bank’s gross earnings for its half year report inched higher marginal by 2.77% to N117.374Billion compared with the gross earnings of N114.207 Billion earned as at 30th June, 2018, this growth was as a result of significant appreciation recorded on Trading Revenue and Other Revenue, as they both…
GUARANTY TRUST BANK 2019 HALF YEAR PAT GROWS BY 3.72%
Gross Earnings: The Bank’s gross earnings for its half year report, recorded a decline of 2.06% for the period under review, which was N221.977Billion as at June, 2019 against N226.641Billion as at June 2018, factors influencing this decline was as a result of decrease recorded in the Bank’s Interest income that decline by 7.96%, as…
ZENITH BANK 2019 HALF YEAR PAT GROWS BY 8.74%
FINANCIAL PERFORMANCE -REVIEW Gross Earnings: The Bank’s gross earnings for its half year report inched higher by 2.91%, which was N331.586Billion as at June, 2019 against N322.201Billion as at June 2018, factors that contributed to this marginal appreciation were other income that inched higher by 23.86%, which consist of; net income on fees and commission…
FCMB HALF YEAR -PAT GROWS BY 31.6% TO N7.5 BILLION
Gross Earnings: The Bank’s gross earnings for its half year report, recorded some marginal appreciation of 6.98%, as the 2019 half year figure stood at N89.786 billion, as against N83.925 billion recorded in 2018 half year report, this increase arose from Interest & Discount income and fees & commission income that both inched higher by…
FBNH HALF YEAR 2019-PAT DECLINE BY 5.48% TO N31.641 Billion
Gross Earnings: The Bank’s gross earnings for its half year report, reflected a marginal decline of 0.48%, as the 2019 half figure stood at N285.316 billion, as against N286.702 billion recorded in 2018 half year report, this decline arose from the decline recorded in the following income line; Interest income, net gains from foreign exchange,…
NIGERIAN BREWERIES-PAT DECLINE BY 27.76% to N13.319 Billion
Gross Earnings: The firms Gross earnings declined marginally by 1.44% from N173.310Billion to N170.812Billion, this was as a result of a 9.55% decline from Finance income that decline to N199 Million from N220 Million. Gross Operating Expenses: The firms gross operating expenses consist of Cost of Goods and other Operating Expense that recorded a…