ABBEYBDS Declares N250m Loss in Q2 2020 Results, (SP:N1.05k)


Wednesday, July 29, 2020 / 12:00 PM / By NSE / Header Image Credit: Abbey Mortgage Bank 

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

Key Highlights

  • Gross Earnings declined by -3.99% to N715m from N744m in the previous quarter.

  • Loss before tax stood at N246m.

  • Loss after tax stood at N250m.

  • Net Assets grew by 38.7% from N5.4bn to N7.5bn.

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