ALERT: Ecobank Group reports N37.7 billion profit in 2017 HY

The Ecobank Group released its interim financial results for the period ended 30 June 2017 ; See below

Gross Earnings N’m

2017 6 Months | 386,858

2016 6 Months | 273,445

%age Change| 41%

Pre Tax  Profit N’m

2017 6 Months| 46,241

2016 6 Months| 41,569

%age Change| 11%

Profit after Tax N’m

2017 6 Months| 37,734

2016 6 Months| 31,081

%age Change| 21%

EPS (Kobo)

2017 6 Months| 131.0

2016 6 Months| 108k

%age Change| 21%

This result was officially released on the 24th of August, 2017.

Here is a copy of the report.