MTN defies 2022 turbulence – Profit margins up despite headwinds
MTN Ghana’s financial performance results for 2022 suggest that the company has developed the ability to defy gravity.
In a…
Browsing Tag
Profit
Shell reports highest profits in 115 years
Oil and gas giant Shell has reported record annual profits after energy prices surged last year following Russia’s invasion of…
Govt making super normal profit from Russia-Ukraine war – Minority…
The Minority in Parliament has alleged that government is making super normal profit from the Russia-Ukraine war and not the case…
Enterprise Group profit declined by 16% in 2021
The group’s profit fell from GH¢146.7 million in 2020 to GH₵122.9 million in the year under review.
The decline in profits was…
FBNBank more than doubles profit before tax
FBNBank has more than doubled its profit before tax in the 2021 financial year.
The bank’s profit grew by 112 per cent to close…
Stanbic Bank’s profit before tax up 26%
Stanbic Bank Ghana has posted a profit-after-tax of GH¢405 million for the 2021 financial year. The amount represents an increase…
UBA records $373.8m profit
Africa’s Global Bank, United Bank for Africa (UBA) Plc, has announced its audited results for the full year ended December 31,…
ADB posts 400% rise in profit
The Agricultural Development Bank PLC (ADB) has recorded a profit before tax of GH¢65.4 million in 2020, up from the GH¢14.9…
Ecobank declares GHC782m profit, pays GHC177 m in dividends
Ecobank Ghana has declared a profit before tax of GHC782 million for the year 2020, on the back of which it is paying 55 Ghana…
Bank profit growth slows to about 6% due to COVID-19 – BoG Report
A slowdown in the growth in gross loans and advances given out by banks in the first 2 months of 2021 due to pandemic-induced…