Standard Chartered Kenya Profit up by 11% in H1

Posted by - August 22, 2022

Standard Chartered Bank Kenya recently announced its financial results for the first half of the year period ended 30 June 2022. The lender’s profit before tax was up 11% to Ksh 7.5 Billion while profit after tax also rose by 11% to Ksh 5.4 Billion. Net interest income increased 10% as non-interest income increased 11%

I&M Group Records 16% Rise in H1 to Ksh 4.9 Billion

Posted by - August 22, 2022

I&M Group,a financial services institution, has announced a Sh4.9billion half-year net profit, a 16 per cent rise from Sh4.2 billion posted in the same period last year. The rise in the lender’s earnings was attributed to a 21.9 per cent jump in total operating income to Sh15.6 billion from Sh12.8 billion. I&M’s total assets, on

Access Bank Ghana reports 43% profit growth in H1 2022

Posted by - August 10, 2022

One of Ghana’s largest retail Banks, Access Bank (Ghana) Plc, has reported an impressive financial performance for the first half of 2022 to maintain its positive growth trajectory over the past few years. The Bank recorded a growth of 43% in its Profit Before Tax (PBT) as compared to the same period in 2021, from

Airtel Africa records double-digit growth for H1 2020

Posted by - October 23, 2020

Airtel Africa has announced that they have seen a 12.0% to 116.4 million, with revenue on reported basis increasing by 10.7% to $1,815m, with Q2 revenue growth of 14.3% . This is according to their half-yearly results for the period ended 30 September 2020. The results for the six months ended 30 September 2020 are

Afreximbank records $519.8m revenue in H1

Posted by - August 25, 2020

The African Export-Import Bank (Afreximbank) recently released its unaudited financial statements for the six months ended June 30, 2020, indicating that total revenues grew by 4.4 per cent to $519.8 million. The bank in a statement said fees and commission income supported the growth in revenues, reflecting continuing progress towards achieving its goal of diversifying

SAHCOL Records N3bn in H1

Posted by - July 23, 2020

Shareholders of Skyway Aviation Handling Company (SAHCOL) Plc recently announced its unaudited financial results for the half year (H1) ended June 30, 2020, showing a decline in the revenue and profits, indicating the challenges encountered in the review period. SAHCO recorded a revenue of N3.092 billion, showing a decline of 11.9 per cent from N3.511

Absa bank hit 5% rise in profit in H1

Posted by - August 13, 2019

The South African lender Absa Group Ltd announced rise in profit of 5% in H1 recently.Despite the unstable domestic economy, It’s core retail business managed to grow in profit. Absa, the efficient bank tried to win back ground lost under the stewardship of former parent Barclays following its split from the British lender in 2017.

Oando hits N8.5bn Profit in H1 2018

Posted by - July 27, 2018

Oando Plc has continued to defy skeptics as it recorded N8.5 billion profit-after-tax (PAT) in its half-year (H1) results ended June 30, 2018. The impressive result comes in the wake of increase in the price of oil and gas commodities, Following the fall in crude oil prices, Oando like other companies took a significant hit