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Diamond Bank Plc has released its financial result for the quarter ended 30 September 2018
Here are the key highlights of the results:
Revenue
Gross earnings for the group dropped from ₦143 billion in 2017 to ₦142 billion in 2018. This represents a 0.77% drop year on year.
Profit Before Tax
Profit Before Tax also fell from ₦4.7 billion in 2017 to ₦3.08 billion in 2018. This represents a 35.4% reduction year on year.
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Profit After Tax
Profit After Tax also dipped from ₦3.9 billion in 2017 to ₦1.6 billion in 2018. This represents a 57.6% shrink year on year.
Earnings Per Share
The Earnings Per Share also dropped sharply from ₦17 in 2017 to ₦7 in 2018. This represents a 58.8% increase year on year.
Current Share Price
Diamond Bank Plc closed at ₦1.44 in today’s trading session on the floor of the Nigerian Stock Exchange.
