Earnings per share – New Business Ethiopia

Debub Global Bank profit up 33 percent

December 19, 2020newbusinessethiopianews

Annual Profit of Debub Global Bank of Ethiopia for the budget year concluded June 30, 2020 has increased by 33 percent from the previous year to 376 million Birr before tax.

Ethiopia – Addis International Bank profit grows 39 percent

January 11, 2020January 11, 2020newbusinessethiopianews

Addis International Bank, one of the private financial institutions in Ethiopia, has made a gross profit (before tax) of 205.2 million birr (about $6.5 million at the current exchange rate) during the year concluded June 30, 2019.

Ethiopia – Zemen Bank profit soars 87 percent

January 8, 2020January 11, 2020newbusinessethiopianews

As compared to the previous year, the annual profit before tax of Zemen bank, one of the financial institutions in Ethiopia, has soured by 87 percent to 635 million birr (about $20 million at the current exchange rate) during the budget year ended June 30, 2019.

Ethiopia – Oromia International Bank earnings per share drops 29%

January 3, 2020January 11, 2020newbusinessethiopianews

Compared to the proceeding budget year, Earnings per share of Oromia International Bank (OIB), one of the private banks in Ethiopia, has dropped by 29 percent to 374 birr (about $ 11.8 at the currency exchange rate) for par value of 1,000 birr (about $31.5) during the budget year concluded June 30, 2019.