Profit Archives - KOKOMANSION MEDIA

Transcorp Hotels Delivers Impressive Q3 Financial Performance, Records 62% Profit Growth

October 26, 2023October 26, 2023Ayo OlowoLeave a Comment

Transcorp Hotels PLC, the hospitality subsidiary of Transcorp Group has announced its financial performance for the third quarter of 2023, showing a strong year-on-year growth on all indices. The leading hospitality brand sustained strong growth, recording 31.76% growth in revenue to N29.9bn from N22.7bn the previous year, and significantly higher than pre-covid performance. Profit also grew by 62% to N5.5bn from from N3.4bn. […]

2022 Q3 Unaudited Results: GTCO Plc Reports ₦169.7billion PBT

October 27, 2022October 27, 2022Ayo OlowoLeave a Comment

Guaranty Trust Holding Company Plc (“GTCO” or the “Group”) has released its Unaudited Consolidated and Separate Financial Statements for the period ended September 30, 2022, to the Nigerian Exchange Group (NGX) and London Stock Exchange (LSE). The Group reported profit before tax of ₦169.7billion, representing an increase of 11.7% over ₦151.9billion recorded in the corresponding period […]

2022 Q1 Results: GTCO Plc Reports ₦54.3billion Profit Before Tax

April 28, 2022April 28, 2022Ayo OlowoLeave a Comment

Guaranty Trust Holding Company Plc (“GTCO Plc” or “the Group”) has released its Unaudited Consolidated and Separate Financial Statements for the period ended March 31, 2022, to the Nigerian Exchange Group (NGX) and London Stock Exchange (LSE). The Group reported profit before tax of ₦54.3billion, representing an increase of 1.1% over ₦53.7billion recorded in the […]

2022 Q1 Results: UBA Posts 18% Growth In Earnings As Profit Hits N44.5bn

April 28, 2022April 28, 2022Ayo OlowoLeave a Comment

Africa’s global bank, United Bank for Africa (UBA) Plc has released its unaudited results for the first quarter ended March 31st, 2022, recording impressive growth across its income lines. The bank’s result which was released to the Nigerian Stock Exchange on Tuesday showed that gross earnings rose by 18.3% from N155.4 billion in 2021 to […]

UBA Delivers N300.6 Billion Gross Earnings, Declares N0.17k Interim Dividend

September 2, 2020Ayo OlowoLeave a Comment

Africa’s leading financial institution, United Bank for Africa (UBA) Plc, has announced its audited financial results for the half year ended June 30, 2020, showing commendable growth across key performance indices as well as increased contribution from its African subsidiaries. Notwithstanding the challenging business and economic environment occasioned by the Covid-19 pandemic, the pan African […]

Q1 2020 Result: UBA records impressive N32.7bn profit despite business upset

April 24, 2020April 24, 2020Ayo OlowoLeave a Comment

Pan African financial institution, United Bank for Africa Group (UBA) Plc has released its unaudited results for the first quarter ended March 31st, 2020, showing double-digit improvement across all its major income lines. The bank leveraged on modest growth in both interest and non-interest income as well as increased efficiency to deliver an impressive 8.5 […]

NOVA Merchant Bank Declares N1.65bn in PAT

March 6, 2020March 6, 2020Ayo OlowoLeave a Comment

NOVA Merchant Bank Limited has released its audited results for the financial year ended December 31st, 2019, recording impressive performances across its major financial lines. Specifically, the Bank declared a profit after tax of N1.65 billion for the 2019 financial year representing an impressive 44% growth compared to N1.15bn recorded at the end of the 2018 financial […]

UBA Records 13% Earnings Growth and Delivers N111billion Profit

March 2, 2020Ayo OlowoLeave a Comment

Pan-African financial institution, United Bank for Africa Plc (UBA) has announced its audited results for the full-year ended December 2019, recording impressive growth across top and bottom lines. According to the 2019 financials filed at the Nigerian Stock Exchange (NSE) on Friday February 28, 2020, the Africa’s global bank’s gross earnings grew by 13.3 percent […]

Transcorp Records N6.7bn Profit After Tax in Q3; Maintains A Positive Revenue Outlook

October 31, 2019Ayo OlowoLeave a Comment

Transnational Corporation of Nigeria Plc (“Transcorp”) today announced its financial results for the third quarter ended 30 September 2019. Highlights of the result show the Group recorded a Gross revenue of N58.28bn and posted a Profit Before Tax (PBT) of N7.36bn for the period under review. Total Assets increased from N297.14bn as of FY 2018 […]

Tottenham smash club record of profit by football club

April 4, 2019April 4, 2019Ayo OlowoLeave a Comment

Tottenham FC now hold world record in football club profit. The North London club has just posted a net profit of £113 million in 2017/18 but costs for the club’s new stadium rose above £1 billion ($1.3 billion). Spurs opened their state-of-the-art 62,000-capacity home on Wednesday with the hope that increased matchday revenue and an […]