ETI Declares N24.7bn PAT in Q1 2020 Results,(SP:N4.50k)


Friday, April 24, 2020 / 12:17 PM / NSE / Header Image Credit: Euromoney

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Ecobank Transnational Incorporated released its Q1 2020 Unaudited results for the period ended March 31st, 2020.

Key Highlights

  • Gross Earnings declined by -2.3% to N195bn from N199bn in the previous quarter.

  • Profit before tax declined by 11% to N33bn.

  • Profit after tax declined by 19.3% to N24.7bn.

  • Net Assets grew by 2.2% to N703bn from N688bn.

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