Living Trust Mortgage Bank reports N247m as profit in Q1 2022

Living Trust Mortgage Bank Plc on Thursday published its First Quarter report for the 3 months ended, March 31, 2021.

The company reported a turnover of N502.66 million for the 3 months period, up by 99.63% from N251.79 million reported the previous year.

Profit after tax grew year on year by 145.12% to N247.12 million from N100.82 million reported the previous year.

Earnings per share of the company stands at 5 kobo from the EPS of N2 kobo achieved in Q1 2021

At the share price of N1.24, the P/E ratio of Living Trust Mortgage Bank Plc stands at 25.09x with earnings yield of 3.99%

Source: Living Trust Mortgage Bank reports N247m as profit in Q1 2022 – StocksWatch (stocksng.com)

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