WEMABANK Declares N1.5bn PAT in Q2 2020 Results, (SP:N0.52k)

Thursday, July 30, 2020 / 9:48 AM / By NSE / Header Image Credit: Wema Bank 

Wema Bank Plc released its Q2 2020 Unaudited results for the period ended June 30th, 2020.

Key Highlights

• Gross Earnings declined by -6.6% to N38.2bn from N40.8bn in the previous quarter.

• Profit before tax declined by 34% to N1.7bn.

• Profit after tax declined by 34% to N1.5bn.

• Net Assets declined by -0.1% from N55.16bn to N55.11bn.

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