Infinity Trust Mortgage Bank Plc reports N503.9m as profit in Q2 2023

Infinity Trust Mortgage Bank Plc has reported a turnover of N1.27 billion for the period ended 30 June 2023. This represents a growth of 39.69% year on year from N909.2 million reported the previous year.

Profit after tax of N503.9 million was reported for the 6 months period, up by 55.95% from N323.14 million reported the previous year.

Earnings per share of the Company stands at 12 kobo.

At the share price of N1.22, the P/E ratio of Infinity Trust Mortgage Bank Plc stands at 10.10x with earnings yield of 9.90%.

Source: Infinity Trust Mortgage Bank Plc reports N503.9m as profit in Q2 2023 – StocksWatch (stocksng.com)

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