Stanbic IBTC Holdings Plc on Monday posted a revenue earlier than tax (PBT) of N24.70 billion for the six months ended June 30.
This was said within the financial institution’s consolidated and separate interim monetary statements signed by the Firm Secretary, Mr Chidi Okezie as posted on the web site of the Nigerian Trade (NGX) Restricted in Lagos.
The Group PBT represents a lower of 52.85 per cent for the interval ended June 30, in comparison with N52.40 billion recorded within the comparative interval of 2020.
The Group additionally reported a 50.13 per cent lower in revenue after tax (PAT) to N22.54 billion within the interval beneath overview from N45.20 billion achieved in the identical interval of 2020.
Additionally, for gross earnings, the end result confirmed a 26.06 per cent drop to N93.59 billion achieved within the interval beneath overview towards N126.57 billion recorded in the identical interval of 2020.