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FCMB Group’s annual profit drops 21% despite higher revenue

Summary by Premium Times Nigeria
Gross earnings for FCMB Group climbed to N794.4 billion from N516.4 billion, with interest and discount income alone contributing almost four-fifths. The post FCMB Group’s annual profit drops 21% despite higher revenue appeared first on Premium Times Nigeria.

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FCMB Group’s annual profit drops 21% despite higher revenue

Gross earnings for FCMB Group climbed to N794.4 billion from N516.4 billion, with interest and discount income alone contributing almost four-fifths. The post FCMB Group’s annual profit drops 21% despite higher revenue appeared first on Premium Times Nigeria.

·Abuja, Nigeria
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Investors KingInvestors King

FCMB Group Posts 21% Drop In Profit After Tax Despite Higher Gross Earnings

FCMB Group Plc has reported a 21 percent decline in profit after tax for the financial year ended 31 December 2024 despite recording strong growth in gross earnings. The audited results released by the Group showed profit after tax fell to N73.3 billion compared to N93 billion recorded in 2023. Gross earnings for the year […] The post FCMB Group Posts 21% Drop in Profit After Tax Despite Higher Gross Earnings appeared first on Investors King.

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Investors King broke the news in on Friday, April 4, 2025.
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