Zenith Bank records a 61.21% increase in PAT
Posted Tuesday, July 31, 2007

Kindly find below company results released on the floor of the Nigerian Stock Exchange today.

ZENITH BANK PLC. AUDITED ACCOUNT FOR THE YEAR ENDED 30 JUNE, 2007
2006 2005 CHANGE % CHANGE
N'b N'b N'b %
TURNOVER 94.800 60.000 34.800 58.00
PBT 25.600 15.500 10.100 65.16
TAXATION 6.800 -3.900 -2.900 -74.36
PAT 18.700 11.600 7.100 61.21
MINORITY INTEREST 0.103 0.001 0.102 10200.00
PAT & MINORITY INTEREST 18.600 11.600 7.000 60.34
PROPOSED DIVIDEND N1.00K
PROPOSED BONUS 1 FOR 4

Please note: Cornerstone Insurance Plc. proposed a dividend of 4K, closure date of 27th August, 2007.

ETERNA OIL PLC. UNAUDITED HALF-YEAR ACCOUNT FOR THE PERIOD ENDED 30 JUNE, 2007
2007 2006 CHANGE % CHANGE
N'b N'b N'b %
TURNOVER 3.200 0.813 2.387 293.60
PBT 0.044 0.025 0.019 76.00
TAXATION -0.013 -0.007 -0.006 -85.71
PAT 0.031 0.017 0.014 82.35

source: ZSL