The company posted N52.40 billion profit PBT in the first
six months of 2020.
This was stated in the bank’s consolidated and separate
interim financial statements signed by the Company Secretary, Mr Chidi Okezie
as posted on the website of the Nigerian Exchange (NGX) Limited in Lagos.
The Group also reported a 50.13 per cent decrease in profit
after tax (PAT) to N22.54 billion in the period under review from N45.20
billion achieved in the same period of 2020.
Also, for gross earnings, the result showed a 26.06 per cent
drop to N93.59 billion achieved in the period under review against N126.57
billion recorded in the same period of 2020.
The company directors recommended the approval of an interim
dividend of 100k per share for the period ended June 30.
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