CAPITAL MARKETMARKETSTOP STORY

Access Bank notifies NSE of late filing of H1 results

The management of Access Bank Plc has notified the Nigerian Stock Exchange (NSE) of late filling of half year results for period ended June 30, 2016.

The lender in a statement signed by it Company Secretary, Sunday Ekwochi and Chief Finance Officer, Seyi Kumapayi, said board of directors will be meeting on July 28 to approve Bank’s half year audited financial statements.

The bank, however, seeks for extension of time to submit Bank’s half year audited financial statements not later than August 31, 2016.

Access Bank had announced that its unaudited results for the period ended March 31, 2016, showing 42per cent increase in Profit after tax.

The unaudited first quarter 2016 financial results showed that the Bank recorded Profit after tax moved from N13.7 billion in Q1 2015 to ₦19.4bn in Q1 2016

Profit before tax for the period rose to ₦22.6billion, representing a 37per cent growth when compared to ₦16.5billion in Q1 2015.

Also from the profit and loss figures, gross earnings of ₦80.3billion in Q1 2016, up five per cent from ₦76.8billion in Q1 2015, with interest income and non-interest income contributing 69 per cent and 31per cent, respectively.

14 thoughts on “Access Bank notifies NSE of late filing of H1 results

  • 9/22/2016 at 19:32:41 Greetings from danglekatangul

  • business247ng.com does it yet again! Very thoughtful site and a well-written article. Thanks!

  • business247ng.com does it yet again! Quite a thoughtful site and a well-written post. Thanks!

  • 9/28/2016 I’m pleased with the way that business247ng.com covers this kind of topic! Usually to the point, often contentious, always well-written and also challenging.

  • 9/29/2016 business247ng.com does it yet again! Very informative site and a well-written post. Nice work!

  • business247ng.com does it again! Very perceptive site and a well-written article. Thanks!

  • I generally agree with your take on this subject and look forward to additional posts and comments here at business247ng.com. Keep up the good work!

  • Congrats for the inspiring blog you’ve set up at business247ng.com. Your enthusiastic take on the subject is certainly contagious. Thanks again!

  • In my view, business247ng.com does a great job of covering subjects of this type! While frequently intentionally controversial, the posts are more often than not well researched and thought-provoking.

  • In my opinion, business247ng.com does a great job of dealing with subject matter of this kind. While sometimes intentionally polemic, the posts are more often than not well-written and thought-provoking.

  • 10/12/2016 In my view, business247ng.com does a excellent job of dealing with issues like this! While sometimes deliberately controversial, the information is in the main thoughtful and stimulating.

  • 10/17/2016 @ 23:16:09: business247ng.com does it yet again! Very thoughtful site and a good post. Thanks!

  • Many thanks for the great website you’ve created at business247ng.com. Your enthusiastic take on the subject is certainly inspiring. Thanks again!

  • I’m gratified by the manner in which business247ng.com deals with this kind of topic! Usually to the point, often polemic, always thoughtful and challenging.

Comments are closed.