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

15

Sep
Business & Economy

NGX ASI rebounds with 1.13% growth WtD, investors gain N985bn

The Nigerian stock market rebounded last week after four consecutive sessions of losses, posting a ₦985 billion gain on the back of price growth in 70 equities. The All-Share Index (ASI) advanced by 1.13%, closing at 140,545.69 points, compared to 138,980.01 points in the previous week. Similarly, market capitalization rose by 1.12% to settle at ₦88.922 trillion, […]