ABBEYBDS Declares N63m Loss in 2019 Audited Result, (SP:N1.05k)

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Friday, June 05, 2020 / 4:38 PM / By NSE / Header Image Credit: Abbey Mortgage Bank


Abbey Mortgage Bank Plc released its 2019 Audited results for the period ended December 31st, 2019.


Key Highlights

  • Interest Revenue declined by -2.2% to N1.1bn from N1.2bn in the previous quarter.

  • Loss before tax stood at N52m.

  • Loss after tax stood at N63m.

  • Net Assets declined by -1.1% to N5.4bn from N5.5bn.

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