Living Trust Mortgage Bank Plc declares N364.8m as profit in Q2 2023

Living Trust Mortgage Bank Plc on Monday published its second quarter result for the period ended 30th June, 2023.

The mortgage firm reported Gross Earnings of N1.29 billion for the 6 months period, up by 15.58% from N 1.12 billion reported the previous year.

Profit after tax of N364.8 million was achieved for the period under review, down by 25.5% from N489.6 million reported the previous year.

The earnings per share of the company stands at 7 kobo.

At the share price of N2.47, the P/E ratio of 33.86x with earnings yield of 2.95%.

Source: Living Trust Mortgage Bank Plc declares N364.8m as profit in Q2 2023 – StocksWatch (stocksng.com)

Related Posts

08

Jan
Business & Economy

GTCO raises N209.41bn at first phase of equity capital raise programme

Guaranty Trust Holding Company Plc (GTCO) has made significant strides in its growth and expansion plans, completing the first tranche of its equity capital raise programme. The highlights of this milestone are as follows: Key Developments: CEO’s Statement: Segun Agbaje, the Group CEO, expressed gratitude to shareholders and regulators for their support. He highlighted the successful capital […]