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Home Markets Equities Company Results

Abbey Mortgage Bank projects N51.08 million profit in Q2 2020.

Blurb Team @Nairametrics by Blurb Team @Nairametrics
March 5, 2021
in Company Results, Markets
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Abbey Mortgage Bank has released its earnings forecasts for the second quarter of 2021.

  • Gross Earnings is projected at N560.97 million. (-13.7% QoQ)
  • Interest income projected at N455.9 million. (-11.6% QoQ)
  • Operating Expenses projected at N275.8 million. (-17.3% QoQ)
  • Profit Before Tax is projected at N75.12 million. (-15.05% QoQ)
  • Taxation projected at N24.03 million, (-15.05% QoQ)
  • Profit After Tax projected at N51.08 million.(-15.05% QoQ)

See link to forecast.

Blurb Team @Nairametrics

Blurb Team @Nairametrics

The "Blurb Team" is the official conveyer of the opinions of the Nairametrics Research & Analysis Board on matters of financial reports, macroeconomic data, and economic policies.

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  • WAES: West Africa exported goods valued at over $166 billion in 2024 – Tuggar 
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Yusuf Tuggar, Nigerian military

WAES: West Africa exported goods valued at over $166 billion in 2024 – Tuggar 

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Heineken launches mandatory takeover bid of Champions Breweries, offers to buyout remaining 15.3% equity stake

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