August 19, 2017

Zenith Bank posts N72bn half-year gross profits

Zenith Bank posts N72bn half-year gross profits

Zenith Bank Plc has announced a profit before tax of N72 billion for the half year period ending June 30, 2015, representing 24 per cent increase over N58 billion posted in the same period in 2014.

The bank’s audited half-year financial statement released on the floor of the Nigerian Stock Exchange, NSE, showed that its profit after tax rose to N53 billion from N47 billion reported in the same period in 2014.

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Also, the gross earnings increased by 24 per cent from N184.4 billion in June 2014 to N229.08 billion in the review period, while its net interest income rose by 14 per cent to N112.6 billion from N98.6 billion in 2004.  Read more

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