Scribd
Upload
78 views1 page

q1 2008 09 Results

REPORT

Uploaded by

Oladipupo Mayowa Paul
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
78 views1 page

q1 2008 09 Results

REPORT

Uploaded by

Oladipupo Mayowa Paul
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd

UNAUDITED GROUP INCOME STATEMENT

FOR THE THREE MONTHS ENDED JUL 31 2008




3 Months
May '08-July '08
3 Months
May '07-July '07

% growth
N'000 N'000

GROSS EARNINGS 18,532,810 9,994,699 85%

PROFIT BEFORE TAX 6,117,633 3,322,797 84%

TAXATION (1,284,703) (664,559) 93%

PROFIT AFTER TAX 4,832,930 2,658,237 82%



The bank recorded an increase of 85% and 84% over the same period of the last financial year
in Gross Earnings and Profit Before Tax respectively. The Board of Directors is confident that
barring unforeseen circumstances, this performance trend will continue and the projections for
the financial year will be met.



OLAJUMOKE BAKARE (MRS)
COMPANY SECRETARY

You might also like