UBN Declares N6bn PAT in Q1 2020 Results,(SP:N6.75K)

Wednesday, April 29, 2020 / 10:59 AM / by NSE / Header Image Credit: Ecographics

Union Bank of Nigeria Plc released its Q1 2020 Unaudited results for the period ended March 31st, 2020.

Key Highlights

• Gross Earnings grew by 16.6% to N44bn from N38bn in the previous quarter.

• Profit before tax grew by 15.8% to N6.3bn.

• Profit after tax grew by 14.1% to N6bn.

• Net Assets grew by 0.8% to N254bn from N252bn.

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