BUSINESS

GTCO Appreciates By 2.1% With Market Capitalization At N721billion

GTCO Plc share price has appreciated by 2.1% to close the week at N24.5, with its market capitalization at N721 billion amid sell-offs and buy-interests at the end of the trading week.

NewsBeatng reports that 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.

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