OMOSAVBNK Declares N65.5m PAT in 2019 Audited Result,(SP:N0.55k)

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Wednesday, April 01, 2020 / 2:05 PM  / By NSE / Header Image Credit: Omoluabi Savings & Loans Plc


Omoluabi Mortgage Bank Plc released its 2019 Audited results for the period ended December 31st, 2019.


Key Highlights

  • Revenue grew by 9% to N502.5m from N460.9m in the previous quarter.

  • Profit before tax declined by 40.3% to N57m.

  • Profit after tax declined by 131.8% to N5.2m.

  • Net Assets grew by 2.4% to N2.65bn from N2.59bn.

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