FBN Holdings Plc has released its half year (H1) financial results for the period ended June 30, 2023 showing operating profit profit of N206.086billion as against N65.877billion in H1’22.
Its profit before tax rose to N206.261billion in H1’23 compared to N65.723billion in H1’22. Profit for the period stood high at N187.176 compared to N56.536billion in H1’2022.
Read also: How United Capital lifted net trading income by 138% to N622m
FBN Holdings Plc with a free float value of N544.261billion (88.93percent) as at June 30, 2023 (June 30, 2022: N370.490billion (88.98percent) is compliant with the Nigerian Exchange’s free float requirements for companies listed on the Premium Board.
Iheanyi Nwachukwu
Iheanyi Nwachukwu, is a creative content writer with almost two decades journalism experience writing on banking, finance, capital markets, and tax. The multiple awards winning journalist is Assistant Editor, BusinessDay. Iheanyi holds BSc Degree in Economics from Imo State University; Master of Science (MSc) Degree in Management from University of Lagos.
Iheanyi has attended several work-related trainings including (i) Advanced Writing and Reporting Skills (Pan African University, Lagos); (ii) News Agency Journalism (Indian Institute of Mass Communication {IIMC}, New Delhi, India); and (iii) Capital Markets Development and Regulations (International Law Institute {ILI} of Georgetown University, Washington DC, USA).
Other trainings Iheanyi attended include: Economic/Political Risk Analysis (By Thomson Reuters Foundation); International Financial Journalism (IFJ) (By PMA Media Training, UK); Effective Business Writing Skills (By Phillips Consulting); Reporting on Corporate Governance (By International Finance Corporation (IFC) & Thomson Reuters Foundation UK); etc. In addition, he has participated in high-level economy & markets events in Dubai, South Africa, Morocco, and other African countries like Zambia, Ghana and Gambia.
