Zenith Bank Plc recorded an increase in its key financial indicators for the first half of 2019 ended June 30th.
According to the financial statements released Monday by the Nigerian Stock Exchange (NSE), the gross profit of the Nigerian bank increased by 3%, from 322.2 billion naira to 331.6 billion (about 911 million USD). E-services revenues increased by 168% to 27 billion naira (approximately 74.2 million USD) in the first half of 2019, compared to 10 billion in the first half of 2018.
Profit before tax reached Nl 111.7 billion, up 4% from the $ 107.4 billion recorded in the first half of 2018, with a 9% increase in earnings per share.
Created in 1990, Zenith Bank is a Nigerian bank admitted to the Lagos Stock Exchange in 2014. The brand is also present in Ghana, Sierra Leone, South Africa and the United Kingdom.