Infinity Trust Mortgage Bank reports N184.4m as profit in Q1 2023

Infinity Trust Mortgage Bank Plc has published its First Quarter report for the period ended 31 March 2023.

The Company reported a turnover of N554 million for the 3 months period up by 19.62% from N463 million reported the previous year.

Profit after tax of N184.4 million was reported by the Company, up by 7% from N172.3 million reported in Q1 2022.

Earnings per share of the company stands at 4 kobo.

At the share price of N1.28, the P/E ratio of Infinity Trust Mortgage Bank Plc stands at 28.95x with earnings yield of 3.45%.

Source: Infinity Trust Mortgage Bank reports N184.4m as profit in Q1 2023 – StocksWatch (stocksng.com)

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