Fidelity Bank Plc declare Q3 results - 310308

Fidelity Bank Plc declare Q3 results - 310308

Fidelity Bank Plc released their unaudited Q3 financial results for the period ended March 31, 2008 on the floor of the Nigerian Stock Exchange today.

 

FIDELITY BANK PLC. UNAUDITED Q3 RESULT FOR THE PERIOD ENDED 31 MAR 2008

 

2008

2007

CHANGE

% CHANGE

 

N\'b

N\'b

N\'b

%

TURNOVER

27.284

17.523

9.761

55.70

PROFIT BEFORE TAX

11.680

3.827

7.853

205.20

TAXATION 

2.336

0.766

1.570

204.96

PROFIT AFTER TAX 

9.344

3.062

6.282

205.16

 

SHORT TERM

MED/LONG TERM

 

 

CURRENT PRICE

11.00

11.00

 

 

PROJECTED PRICE

13.24

14.75

 

 

CAP. APPR (FORECAST)

2.24

3.75

 

 

CAP. APPR (FORECAST) %

20.36%

34.09%

 

 

RECOMMENDATION

BUY

BUY

 

 

 

Source: ZSL


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