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Home Business News

Ecobank Transnational Incorporated records N37bn PBT in Q1 2019

Adaobi Nnadiukwu by Adaobi Nnadiukwu
April 30, 2019
in Business News, Company News
Bonds
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Ecobank Transnational Incorporated (ETI), earlier today disclosed its financial result for the first quarter (Q1) period ended March 31st, 2019. Below are key highlights of the result:

Gross Earnings: Gross earnings increased from N198.6 billion in 2018 to N199.4 billion in 2019, indicating a 0.50% increase.

Profit Before Tax: Profit before tax also rose from N33.9 billion in 2018, to N37.09 billion in 2019, representing an increase of 12.12%.

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Profit After Tax: Profit After Tax also jumped from N27 billion in 2018, to N30 billion in 2019, representing an 11.11% increase.

Earnings Per Share (Diluted): Diluted earnings per share fell from 95 kobo in 2018, to 91 kobo in 2019.

Current Share Price: ETI is currently trading at N10.45 during today’s trading session on the floor of the Nigerian Stock Exchange (NSE).

You may download the ETI’s Q1 2019 results here.


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Tags: Ecobank Transnational Incorporated (ETI)ETI's Q1 financial statementNigerian Stock Exchange (NSE)
Adaobi Nnadiukwu

Adaobi Nnadiukwu

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