INFINITY Declares N419.7m PAT in 2019 Q4 Result


Wednesday, January 21, 2020 05:55 PM / By NSE / Header Image Credit: Infinity Trust Mortgage Bank

Infinity Trust Mortgage Bank Plc released its Q4 2019 results for the period ended December 31st, 2019.

Key Highlights

  • Revenue grew by 37.11% to N1.38bn from N1.01bn in the previous quarter.

  • Profit before tax grew by 20.46% to N441.8m.

  • Profit after tax grew by 28.26% to N419.7m.

  • Net Assets also declined by -2.8% to N5.8bn from N6.0bn.

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