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FBN Holdings Plc Declares N15.6bn PAT in Q1 2021: Key Highlights

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Naija247news, Nigeriahttps://www.naija247news.com/
Naija247news is an investigative news platform that tracks news on Nigerian Economy, Business, Politics, Financial and Africa and Global Economy.

FBN Holdings Plc released its Q1 2021 Unaudited results for the period ended March 31st, 2021.

Key Highlights

Gross Earnings declined by -14.5% to N137bn from N160bn in the previous quarter.

Profit before tax declined by 34% to N19bn.

Profit after tax declined by 39% to N16bn.

Net Assets declined by -0.04% from N765.2bn to N764.8bn.

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