IBTC Chartered Bank & Cutix Plc declare results

IBTC Chartered Bank & Cutix Plc declare results

August 27, 2007/ZSL/Afrinvest

 

IBTC Chartered Bank Plc and Cutix Plc released unaudited first quarter and year-end financial results respectively today on the floor of the Nigerian Stock Exchange.


IBTC CHARTERED BANK PLC UNAUDITED FIRST QUARTER RESULT FOR THE PERIOD ENDED JUNE 30 2007

 

2007

2006

CHANGE

% CHANGE

 

N\'b

N\'b

N\'b

%

TURNOVER

7.700

4.600

3.100

67.39

PBT

3.000

1.800

1.200

66.67

TAXATION

-0.841

-0.541

-0.300

-55.45

PAT

2.200

1.300

0.900

69.23

 

CUTIX PLC AUDITED YEAR-END RESULT FOR THE PERIOD ENDED APRIL 30 2007

 

2007

2006

CHANGE

% CHANGE

 

N\'b

N\'b

N\'b

%

TURNOVER

1.100

0.714

0.386

54.06

PBT

0.188

0.081

0.107

132.10

TAXATION

-0.066

-0.027

-0.039

-144.44

PAT

0.122

0.054

0.068

125.93

PROPOSED DIVIDEND

10K

 

 

 

PROPOSED BONUS 

1 FOR 1

 

 

 

CLOSURE DATE

19/10/2007

 

 

 

PAYMENT DATE

23/11/07

 

 

 

PROPOSED BONUS RATIO OF 1 FOR 1. CLOSURE DATE, OCTOBER 19, 2007. PAYMENT DATE- NOV 23, 2007. 


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