Unity Bank Plc
Unity Bank

Unity Bank Plc recently joined the list of companies on the Nigerian Stock Exchange that have released their financial statements for the half-year period ended June 2019. The result shows an impressive 96% increase in profit. See more brief details below.

Gross Income: Unity Bank’s total revenue for the period increased by 17% to N20.5 billion, up from N17.5 billion during the comparable period in 2018.

Profit Before Tax: This also increased by 96% to N1 billion compared to N535.7 billion in half-year 2018.

Profit After Tax: This improved by 96%, standing at N967.5 million compared to N492.9 million in H1 2018.

Meanwhile, earnings per share stood at 16.55 kobo compared to 8.43 kobo in H1 2018.

Unity Bank Plc’s stock is currently trading at N0.66 on the Nigerian Stock Exchange.

You may download the full result HERE for more information.

Emmanuel holds an MSc. in Political Science and a B.A in Philosophy & Logic from the University of Ibadan. He is experienced in such areas as Media/Communications, Administration, and Nonprofit. As an Editor at Nairametrics, his job entails managing a team of talented business writers/analysts who break and analyse some of the biggest news in Nigeria and elsewhere. Prior to this time, he served as a Business Analyst at Nairametrics, with focus on big corporations whose equities are listed on the Nigerian Stock Exchange. Keep in touch with him via emmanuel.abara@nairametrics.com

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