2021 HY Results: LivingTrust Mortgage Bank boosts profit by 643% to N308.26 million.

Living Trust Mortgage Bank Plc released its unaudited financial statements for the period ended 30th of June, 2021.

• Gross earnings for the period was N664.1 million (+187% YoY)
• Net fee and commission income of N80.2 million. (+386% YoY)
• Operating income was N576.8 million. (+178% YoY)
• Operating expenses totalled N260.92 million. (+63% YoY)
• Profit for the period was N308.3 million. (+643% YoY)
• Earnings per share of 6.17 kobo Vs 0.83 kobo YoY
• Total assets for the period stood at N8.71 billion

See link to results.