ETI Declares N48.5bn PAT in Q2 2020 Results, (SP:N10.45k)


Wednesday, July 29, 2020 / 11:35 AM / By NSE / Header Image Credit: African Markets

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Ecobank Transnational Incorporated released its Q2 2020 Unaudited results for the period ended June 30th, 2020.

Key Highlights

  • Gross Earnings declined by -3.3% to N392bn from N405bn in the previous quarter.

  • Profit before tax declined by 12.7% to N64bn.

  • Profit after tax declined by 18.4% to N48.5bn.

  • Net Assets grew by 8% from N688bn to N743bn.

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