Unity Bank’s Profit Before Tax up 34% to N1.50bn in H1 2021

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Unity Bank’s Profit Before Tax up 34% to N1.50bn in H1 2021
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Darasimi Adebisi Unity Bank Plc has declared half-year (H1) result and accounts for period ended June 30, 2021 with profit before tax gaining 34 per cent to N1.50 billion from N1.12 billion recorde…

Unity Bank Plc has declared half-year result and accounts for period ended June 30, 2021 with profit before tax gaining 34 per cent to N1.50 billion from N1.12 billion recorded in half-year ended June 30, 2020.

A major highlight of the result is the growth in the bank’s loan book, which saw a 22per cent increase to N246.90 billion within the period compared to N202.08 billion recorded in H2 2020. Earnings per share rose by 3 kobo to close at 11.82 kobo within the period compared to 8.82 Kobo recorded in the corresponding period of 2020.

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