Nigeria Business & Finance Updates

FBN Holdings Plc, Financial Results

Financial Results – FBN Holdings Plc
Year Ended 31st March, 2018
2018
N'(Millions)
2017
N'(Millions)
Percentage Difference
Gross Earnings 138,900 141,000 -1%
Profit Before Tax 18,814 19,960 -6%
Tax (4,048) (3,812)
Profit After Tax 14,766 16,148 -9%
Year Ended 31st December, 2017
2017
N'(Millions)
2016
N'(Millions)
Percentage Difference
Gross Earnings 595,444 581,831 2%
Profit Before Tax 56,825 22,948148%
Tax (9,040) (5,807)
Profit After Tax 47,785 17,141 179%
Third Quarter Ended 30th September, 2017
2017
N'(Millions)
2016
N'(Millions)
Percentage Difference
Gross Earnings 439,200 417,400 5%
Profit Before Tax 55,433 57,455 -4%
Tax (9,594)(14,938)
Profit After Tax 45,839 42,517 8%
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