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Home Business News

Custodian and Allied Plc Gross Earnings hit ₦43 billion in 2017

Onome Ohwovoriole by Onome Ohwovoriole
March 22, 2018
in Business News, Company News
Custodian and Allied Unclaimed dividend rises to N1.179 billion

Wole Oshin GMD Custodian Investment Plc

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Custodian and Allied Plc today released its financial statements for the year ended December 2017. Gross Revenue increased from ₦38.5 billion in 2016 to ₦43.0 billion in 2017.

 

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Profit before tax increased from ₦7.3 billion in 2016 to ₦8.9 billion in 2017. Profit after tax also increased from ₦5.3 billion in 2016 to ₦7.3 billion in 2017. The company has also declared a final dividend of ₦0.32 per share bringing total dividends for 2017 to ₦0.42.

Here is a copy of the result.


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Tags: 2017 FY resultsCustodian and Allied Insurance
Onome Ohwovoriole

Onome Ohwovoriole

Onome Ohwovoriole has a degree in Economics and Statistics from the University of Benin and prior to joining Nairametrics in December 2016 as Lead Analyst had stints in Publishing, Automobile Services, Entertainment and Leadership Training. He covers companies in the Nigerian corporate space, especially those listed on the Nigerian Stock Exchange (NSE). He also has a keen interest in new frontiers like Cryptocurrencies and Fintech. In his spare time, he loves to read books on finance, fiction as well as keep up with happenings in the world of international diplomacy. You can contact him via onome.ohwovoriole@nairametrics.com

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