gross profit

newbusinessethiopianews January 4, 2021

Compared with the preceding year, the annual gross profit of Zemen Bank Share Company, one of the 16 private banks in Ethiopia, has surpassed one billion Birr for the financial year concluded June 30, 2020. The Bank’s gross profit has increased to 1.04 billion Birr growing by 388 million Birr (59 percent).

newbusinessethiopianews January 9, 2020

Compared to the preceding budget year, the gross profit (before tax) of Dashen Bank, one of the biggest private banks in Ethiopia, has increased by 12 percent to about 1.28 billion birr (about $40.2 million at the current exchange rate) during the budget year ended June 30, 2019.