Aso Savings & Loans Reports Q2, 2011 Earnings
Mortgage lender, Aso Savings and Loans reported its earnings on the floor of the Nigerian Stock Exchange yesterday.
Headline revenue took a hit, shedding 12% to arrive at N 4.87 Billion, from N 5.5 Billion over the same period last year.
The company reported a loss before tax of N 243 Million, down 161% from the profit before tax of N 394 Million the company posted over the same period last year.
Profit after tax fell by a whopping 338% as the company reported a net loss of N 243 Million, down from N 101 Million over the same period last year.
The company’s stock is trading at N 0.50, its nominal value.
-
FCMB Bank (UK) Limited Launches Personal and Business Banking Proposition to Deepen InclusivenessFCMB Bank (UK) Limited, an independently incorporated subsidiary of...
- August 1, 2018
-
The Worrisome Trend of Sensational Social Media “Journalism” and the Impact On Legitimate Business Concerns: Recent Travails of FCMB, GTBank and First BankOn June 25, 2018 I woke up to yet...
- June 26, 2018
-
Azman Air commences flight operation in SokotoAzman Air Thursday commenced flight operation to Sokoto state....
- February 21, 2015
-
NRC increases Lagos goods trains, eyes fuel haulageThe Nigerian Railway Corporation says it has increased its...
- June 23, 2016
Nigeria News
- Ligue 1: Lyon handed provisional Ligue 2 relegation, transfer ban
- Oyo traditional ruler, Olugbon loses mother
- Bottled up emotions: Nigerian men battle ‘depression’ amid economic hardship
- Anxiety, tension as 1.7 million voters elect new governor in Ondo
- Trailer crushes mother, two daughters to death in Ogbomoso [PHOTO]