FCMB Group Gross Earnings hits N177 billion in FY 2018

FCMB Group Plc yesterday released its full-year 2018 results after trading hours. Here are highlights of the results.

Gross Earnings

Gross Earnings increased from N169 billion in 2017 to N177 billion in 2018. This amounts to a 4.5% increase year on year.

Profit before tax

Profit before tax jumped from N10.6 billion in 2017 to N18.4 billion in 2018. This amounts to a 73.5% increase year on year.

Profit after tax

Profit after tax also increased from N8.6 billion in 2017 to N14.4 billion in 2018. This amounts to a 67.4% increase year on year.

Earnings per share

Earnings per share jumped from N0.43 in 2017 to N0.75 in 2018. This amounts to a 74.4% increase year on year.

Source: Nairametrics

Share this...
Share:

Author: see naija

Leave a Reply

Your email address will not be published. Required fields are marked *