Author: Marketforces Africa

Zenith Plc excites shareholders, earns N4.80 on share Zenith Plc  strong performance excites the market as the group  announces its unaudited results for the nine months ended 30 September 2019 today. Its  profit before tax hits N176.183 billion, having added N64.5 billion to the bottom line in the third quarter of the year. This represents a 5.3% increase when compare to N167.37 billion the group made in the comparable period in 2018. On comparison, the grop performance in the third quarter of 2019 blew past some analysts estimates. Its funding cost closed the period at 2.9% , just as its…

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