The GT Company Plc has appreciated by N41.2 billion after its market capitalization rose to N629.82 billion from N588.62 billion at the end of the week’s trading session.
NewsBeatng reports that the growth can be attributed to a 7.00% increase in share price from N20.00 to N21.40 as of the close of business.
The bank’s financial statements for the period ended 30th September 2022 revealed a growth of 23.71% in net interest income from N68.94 billion as of Q3 2021 to N85.29 billion in the current period.
However, post-tax profit appreciated by 5.61% to N52.79 billion from N49.98 billion in the current period.
