FCMB Plc declare results, market forecast bright

Category: Corporate Earnings


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FCMB Plc declare results, market forecast bright


FCMB Plc released its financial results for the period ended January 31, 2007 on the floor of the Nigerian Stock Exchange today.


FCMB PLC UNAUDITED Q3 RESULT FOR THE PERIOD ENDED 31 JANUARY 2008


2007

2006

CHANGE

% CHANGE


N\'b

N\'b

N\'b

%

GROSS EARNINGS

35.861

17.543

18.318

104.42

PBT

11.244

4.431

6.813

153.76

TAXATION

2.248

-0.886

-1.362

-153.72

PAT

8.995

3.545

5.450

153.74


SHORT TERM

MED/LONG TERM



CURRENT PRICE

19.88

19.88



PROJECTED PRICE

24.21

28.25



CAP. APPRN (FORECAST)

4.33

8.37



CAP. APPRN (FORECAST) %

21.78%

42.10%



RECOMMENDATION

BUY

BUY



Source: ZSL



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