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Union Bank and Fidelity Bank declare results

Proshare

November 15, 2007

 

 
 

Union Bank Plc and Fidelity Bank Plc released their unaudited first quarter financial results on the floor of the Nigerian Stock Exchange today.

 
 
Union Bank Plc Turnover PBT TAX PAT
  =N=\'000 =N=\'000 =N=\'000 =N=\'000
30-Sep-07 6 Mths    50,600,000  16,500,000  2,900,000     13,600,000
30-Sep-06 6 Mths    37,900,000  10,500,000  2,100,000       8,400,000
    33.5% 57.1%   61.9%
 
Fidelity Bank Plc Turnover PBT TAX PAT
  =N=\'000 =N=\'000 =N=\'000 =N=\'000
30-Sep-07 3 Mths        769,700    3,304,000     660,857       2,643,143
30-Sep-06 3 Mths      4,609,000    1,067,000     213,533         853,467
    -83.3% 209.7%   209.7%
 
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