[Corporate Action] UBA Posts N39bn In Pre-tax Profits For 2015 H1

United Bank for Africa(UBA) released its 2015 Half Year results showing a 35% increase in pre-tax profits from N28billion in 2014 H1 to N39billion in 2015.

See Summary of result below…

UBA H1 2005	Jun-15	Jun-14	% Change
	N’bn	N’bn
Net Interest Income	166,943	138,225	20.78%
Commision Fees & Other Income	30,357	27,087	12.07%
Operating Expenses	-65,610	-58,301	12.54%
Pre-tax profits	39,046	28,893	35.14%
Profit After Tax	31,999	22,856	40.00%
Current Share Price	3.46