Tag Archives: profits

United Bank for Africa  has said it recorded N201bn profit before tax in its 2022 financial period. The bank disclosed this in a statement on its audited financial results for the full year ended December 31, 2022, titled, ‘Full year 2022: UBA delivers strong results as profit hits N201bn’. It stated that, “Despite the highly challenging global economic and business ...

Ecobank Nigeria has announced the 100 winners of the Super Rewards Season 3 campaign. Each got N50,000. Season 3 will reward 200 customers, while two customers will go home with N1 million each at the end of the Season. The two-month campaign kicked off on June 20 and would end August 21. Announcing the first winners in Lagos, the Head, ...

Jaiz Bank Plc’s unaudited financial results for the second quarter ended 30 June 2022 were released to the Nigerian Exchange Group (NGX), revealing a 27.6% increase in Profit After Tax (PAT) from N1.99 billion declared in June 2021 to N2.54 billion at the end of June 2022. Given the performance, the bank’s total income increased by 17.8% during the review ...

A foremost company in Nigeria, Honeywell Flour Mills Plc (HFMP), has  announced financial figures for the quarter that ended June 30, 2022. The company saw a revenue N40.6 billion, up by 23% compared to N33 billion recorded in the corresponding quarter of 2021. However, it reported a N2.4 billion loss for the period compared to a profit of N150 million ...

FCMB Group Plc has announced its Unaudited Group Results for the first half ended 30 June 2022. According to the announcement, the bank recorded N15.4 billion in Profit Before Tax for H1 2022 – a 73% Year-on-Year Growth The report added that the gross revenue of ₦126.2 billion for the six months ended June 2022, a 34.0% growth from ₦94.2 ...

PZ Cussons Plc has released its 9-month financial result that ended February 2022, revealing a profit of N5.64 billion. The new profits represented a 455% increase from the prior-year period, as revenue grew by 24.27%. The period in review witnessed a wave of increase in prices of goods and services, as inflationary pressures affected both consumers and producers. Similarly, producers ...

Total Nigeria Plc has recorded. a marginal increase in its pre-tax profits in the period under consideration, 2020 FY. It reported pre-tax profits of N3.09 billion in 2020 FY compared to N3.07 billion recorded in 2019 – a 0.72% increase The company recorded declined revenue from its two generating units – petroleum products and lubricants and others. Although the company ...