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I think they added Tax to PBT to arrive at PAT.
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“The market can remain irrational longer than you can remain solvent.” - John Maynard Keynes |
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WEMA BANK PLC 20 July 2011 Unaudited Q2 June 2011
2011 2010 Gross Earnings N13.677b N16.302b Profit Before Tax N1.889b N1.207b Taxation (N283.429m) (N187.223m) Profit After Tax N1.606b N1.207b Balance Sheet Information 30-06-11 31-03-11 Fixed Assets N14.012b N13.922b Investment N58.592b N51.342b Treasury Bills N6.323b N8.176b Loans And Advances N51.606b N43.689b Cash and Bank Balances N6.199b N6.567b Other Debit Balances N86.977b N93.285b Deposits N122.169b N120.883b Short Term Borrowings N50.184b N54.331b Other Credit Balances N34.796b N25.999b Net Assets N64.165b N15.769b
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progressively steering your portfolios through times |
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q3 out!
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progressively steering your portfolios through times |
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WEMA BANK PLC
October 17, 2011 Unaudited Q3 (Sept. 2011) Profit and Loss Information Gross Earnings 30/09/2011 N20.328b 30/09/2010 N24.085b Profit Before Tax 11 N1.812b 10 N1.080b Taxation 11 (N271.920m) 10 (N288.550m) Profit After Tax 11 N1.540b 10 N1.791b Balance Sheet Information Fixed Assets 30/09/2011 N14.014b 31/12/2010 N13.922b Short term Investments 11 N52.015b 10 N49.763b Treasury Bills 11 N4.748b 10 N8.176b Loans & Advances 11 N62.912b 10 N42.793b Cash and Bank Balances 11 N5.141b 10 N6.567b Other Debit Balances 11 N101.408b 10 N95.761b Deposits 11 N140.105b 10 N120.883b Other Credit Balances 11 N82.734b 10 N79.854b Net Assets 11 N17.401b 10 N16.246b |
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Hmmmm...........hello and Good Morning to all
Is wema bank heading to the parking lot????
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"The only Real Wisdom is knowing you know Nothing" - Socrates - The Greek philosopher |
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__________________
The cheapest stock in an overvalued market may still be overvalued |
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__________________
“The market can remain irrational longer than you can remain solvent.” - John Maynard Keynes |
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__________________
“The market can remain irrational longer than you can remain solvent.” - John Maynard Keynes |
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Quote:
__________________
“The market can remain irrational longer than you can remain solvent.” - John Maynard Keynes |
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Quote:
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__________________
“The market can remain irrational longer than you can remain solvent.” - John Maynard Keynes |
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__________________
“The market can remain irrational longer than you can remain solvent.” - John Maynard Keynes |
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Quote:
Quote:
Na this kind result Wema bank wan take go National....I laugh in Egba!
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It's time for stockbrokers to work again now. Business have been bad for 3 years now. Every stock should be headed up by the bulls please. Oya make una begin talk the market up.
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The standard of living of any society is based on the goods and services available therein. The result of business ventures. My prayer is for God's mercy to save us from the hands of Nigerians who come to leadership positions to set the country backwards. |
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WEMA as one of the market markers is zooming without looking back. Kai, I miss the early train o. Any way, I will still buy at N0.92k
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