Development Bank of Ethiopia makes 3.9 billion Birr profit
The state-owned Development Bank of Ethiopia has generated a gross profit (before tax) of 3.9 billion Birr year…
gross profit
Ethio Telecom profit doubles in two years
Annual gross profit of Ethio Telecom, the state-owned telecom service provider in Ethiopia, has almost doubled within the…
Ethiopian Airlines Group abroad investment update
Ethiopian Airlines Group, which is 100 percent owned by the Government of Ethiopia, has investments in four African…
Awash Bank of Ethiopia tops private banks in profit, deposit
During the budget year concluded June 30, 2021, Awash Bank of Ethiopia has become the top private financial…
Granite Construction gross profit up 166.1% year-over-year
Granite Construction Incorporated (NYSE: GVA) today announced results for the first quarter ended March 31, 2021 with its…
Zemen Bank profit surpasses one billion Birr
Compared with the preceding year, the annual gross profit of Zemen Bank Share Company, one of the 16…
Hibret Bank of Ethiopia profits grows 15 percent
Compared with the previous financial year annual gross profit of Hibret Bank, one of the sixteen active private…
Ethio Telecom harvests $670 million profit in six months
Ethio Telecom, the fully state owned telecom monopoly in Ethiopia, has ‘harvested’ 22 billion birr (about $670 million…
Ethiopia – Addis International Bank profit grows 39 percent
Addis International Bank, one of the private financial institutions in Ethiopia, has made a gross profit (before tax)…
Ethiopia- Dashen Bank makes $40 million profit
Compared to the preceding budget year, the gross profit (before tax) of Dashen Bank, one of the biggest…
Ethiopia – Abay Bank profit grows 63 percent
During the budget year concluded June 30, 2029, the annual profit before tax of Abay Bank Share Company,…
Ethiopia – Oromia Insurance Company profit up 14 percent
During the budget year concluded June 30, 2019, Oromia Insurance Company (OIC) has registered a gross profit (before…
Ethiopia – Oromia International Bank earnings per share drops 29%
Compared to the proceeding budget year, Earnings per share of Oromia International Bank (OIB), one of the private…