Tag Archives: Profit

Union Bank announces N16.92 billion profit in 2021

Union Bank of Nig Plc has announced its full-year financial result as a group which revealed a profit of N16.92 billion in 2021. This reflects a 9.39% decrease year on year. The top commercial bank also reported earnings per share of N0.66, a 0.22% decline from the N0.85 reported a year earlier. The statement revealed that in FY 2021, interest ...

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Neimeth posts net profit of N207.1m

Neimeth International Pharmaceuticals Plc regained strong growth momentum in the second quarter of its current business year as significant growth in sales and improved cost efficiency reversed the loss in the previous quarter with a net profit of N207.1 million. Key extracts of the interim report and accounts of Neimeth for the second quarter ended March 31, 2021, released at ...

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GTBank posts N201.4bn Profit After Tax

GTBank, has released its 2020 Audited results for the period ended December 31st, 2020, and reported its profit after tax grew by 2.3% to N201.4 billion. The Tier-1 bank’s bottom-line increase reflected FX revaluation gains in the last quarter of 2020 and steady quarterly net interest income. Guaranty Trust Bank proposed a final dividend of N2.70 per share, translating to ...

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