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Afribank Nigeria Plc half year results & projections
Category: Corporate Earnings
Read (686)
Afribank Nigeria Plc released their unaudited Q3 financial results on the floor of the Nigerian Stock Exchange for the period ended December 31, 2007
|
AFRIBANK NIGERIA PLC UNAUDITED Q3 RESULT FOR THE PERIOD ENDED 31 DEC 2007 | ||||
|
|
2007 |
2006 |
CHANGE |
% CHANGE |
|
|
N\'b |
N\'b |
N\'b |
% |
|
GROSS EARNINGS |
29.314 |
14.673 |
14.641 |
99.78 |
|
PBT |
11.040 |
3.598 |
7.442 |
206.84 |
|
TAXATION |
3.529 |
- 1.150 |
-2.379 |
-206.87 |
|
PAT |
7.511 |
2.448 |
5.063 |
206.82 |
|
|
SHORT TERM |
MED/LONG TERM |
|
|
|
CURRENT PRICE |
30.49 |
30.49 |
|
|
|
PROJECTED PRICE |
20.76 |
24.22 |
|
|
|
CAP. APPR (FORECAST) |
-9.73 |
-6.27 |
|
|
|
CAP. APPR (FORECAST) % |
-31.91 |
-20.56 |
|
|
|
RECOMMENDATION |
SELL |
SELL |
|
|
Source: ZSL
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