UBA Declares N89.09bn PAT in 2019 Audited Results; Proposes 80k Final Dividend,(SP:N6.70k)

Saturday, February 29, 2020, /  09.40 AM /  By NSE / Header Image Credit:UBA Plc

UBA Plc released its 2019 Audited results for the period ended December 31st, 2019.

Key Highlights

Gross Earnings grew by 13.3% to N559bn from N494bn in the previous year.

Profit before tax grew by 4.2% to N111.29bn.

Profit after tax grew by 13.3% to N89.09bn.

Net Assets grew by 19.0% to N597bn from N502bn.

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