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VFD Holds Third Investors’ Call, Maintained an Impressive Return on Equity of 43% in Q3 2019 

VFD Holds Third Investors’ Call, Maintained an Impressive Return on Equity of 43% in Q3 2019 

VFD Group held its third investors’ conference call that drew interest from several local investors and financial analysts as the company’s third-quarter (Q3) result provided a unique platform for the financial institution to reinforce investors’ confidence.

Key points of its presentation

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The Gross Earnings rose significantly by 144% from N1.43 billion to N3.48 billion on yoy in Q3 2019 due to the significant growth in:

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Q3 Achievements 

2019 Guidance 

Strategic Outlook for Q4 2019 

[READ ALSO: Forte Oil records massive profit growth in nine months]

Continuous enhancement of the Asset Management subsidiary’s mutual funds 

Assuring investors and stakeholders of brighter future, the Chief Executive Officer (C.E.O), Nonso Okpala, explained that the management is optimistic that the figures of the financial firm in FY 2019 will be better than the FY 2018 and Q3’19.

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