INFINITY Declares N411m PAT in 2020 Audited Results, Proposes 4k Final Dividend; (SP:N1.36K)


Friday, April 16, 2021 / 12:30 AM / by NGX Group / Header Image Credit:  Infinity Trust Mortgage Bank

Infinity Trust Mortgage Bank Plc released its 2020 Audited results for the period ended December 31st, 2020.

Key Highlights

  • Revenue declined by -4.9% to N1.3bn from N1.4bn in the previous quarter.

  • Profit before tax grew by 4.7% to N465m.

  • Profit after tax grew by 2.7% to N411m.

  • Net Assets grew by 3.8% from N6.2bn to N6.4bn.

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