Ekocorp Plc has made available its audited year end result for the period ended 31 December 2007 to dealing members of the Nigerian Stock Exchange. Highlights of the results showed that the company increased its turnover for the period by 16.38 percent from N0.458 billion in 2006 to N0.533 billion in 2007.Profit before tax experienced a minimal growth of 4.82 percent from N0.083 billion in 2006 to N0.087 in 2007. After tax profit however moved from N0.066 billion in 2006 to N0.072 billion in 2007 indicating an appreciation of 9.09 percent. The company has proposed a dividend payment of 15 kobo, closure date is 25th - 29th August 2008 and payment date is 8th September 2008.

Intercontinental Bank.

Intercontinental Bank Plc also released its results for the first quarter ended 31 May 2008. The results showed that during the period under review The company’s turnover experienced a growth of 111.76 percent from N28.747 billion in the same period in 2007 to N60.876 billion in 2008. profit before tax increase N6.245billion in 2007 to N10.024 billion in 2008 signifying a growth of 60.51 percent. After tax profit moved northwards by 66.93 percent from N4.684 billion in the 2007 to N7.819 billion in 2008.

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