Unity Bank Plc has announced a profit after tax of N6.180 in its 2012 audited financial result as against N2.694 billion recorded in the same period of 2011.
In its financial statement released to the Nigerian Stock Exchange yesterday in Lagos, the Bank recorded an increase of N3.486 billion profit after tax.
Its profit before tax also increased fromN3.458 billion in 2011 to N6.457 billion in the same period of 2012, representing an increase of N2.999 billion.
Its interest and similar income increased from N31.706 billion in 2011 to stand at N41.237 billion in the same period of 2012, translating to an increase of N9.531 billion.
The bank’s net assets rose from N43.821 billion in 2011 to N51.458 billion during the review period. This is an increase of N7.637 billion.
Earnings per share rose by 9.97 kobo from 7.71 kobo recorded in 2011 to 17.68 kobo at the end of the period under review.
Source: Daily Trust
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