2021 HY Results: C & I Leasing Plc half year profit slumps by 58% to N113 million.

C & I Leasing Plc released its unaudited financial results for the half year period ended 30th of June, 2021.

• Gross earnings for the period stood at N9.3 billion. (-15.5% YoY)
• Net lease rental income was N4.3 billion. (-17.04% YoY)
• Net outsourcing income of N597.11 million. (-13.3% YoY)
• Net tracking income of N38.9 million. (-35.7% YoY)
• Total assets during the period stood at N58.01 billion.
• Personnel expenses totalled N546.3 million. (-17.9% YoY)
• Profit after tax was N113 million. (-57.8% YoY).
• Basic earnings per share of 13 kobo Vs 36 kobo YoY.

See link to results.