ETI records N198.6 billion gross earnings in Q1 March 2018

Ecobank Transnational Incorporated (ETI) records N198.6 billion gross earnings in Q1 March 2018

Ecobank Transnational Incorporated (ETI) has released its financial statements for the period ended Q1 March 31st 2018. Here are the highlights: Gross Earnings: Q1 2017: ₦178,388 billion Also Read Xenophobia: FG demands probe into killing of two Nigerians in South AfricaOgun releases N6.75 billion for gratuity, additional pension benefitsFG pays N1.1 billion additional exit […]

Ecobank Transnational Incorporated (ETI) has released its financial statements for the period ended Q1 March 31st 2018.

Here are the highlights:

Gross Earnings:

Q1 2017: ₦178,388 billion

Xenophobia: FG demands probe into killing of two Nigerians in South Africa
Ogun releases N6.75 billion for gratuity, additional pension benefits
FG pays N1.1 billion additional exit benefits to 175 retirees

Q1 2018: ₦198,615 billion

%Change: 11%

Profit Before Tax:

Q1 2017: ₦22,895 billion

Q1 2018: ₦33,908 billion

%change: 48%

Earnings Per Share:

Q1 2017: 63 kobo

Q1 2018: 96 kobo

%change: 52%

Here is a copy of the result

Gross Earnings:

Profit Before Tax:

Earnings Per Share:

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