Standard Chartered Bank Ghana Limited Announces Unaudited Earnings Results for the Period Ended September 30, 2018; Announces Impairment Charges for the Period Ended September 30, 2018
Standard Chartered Bank Ghana Limited announced unaudited earnings results for the period ended September 30, 2018. Interest income was GHC 452,504,000 compared to GHC 426,261,000 for the same period a year ago. Net interest income was GHC 363,283,000 compared to GHC 345,055,000 for the same period a year ago. Operating income was GHC 539,657,000 compared to GHC 490,138,000 for the same period a year ago. Profit before income tax was GHC 249,867,000 compared to GHC 330,626,000 for the same period a year ago. Basic earnings per share was GHC 1.29 compared to GHC 1.70 for the same period a year ago.
For the period ended September 30, 2018, net impairment was GHC (93,811,000) compared to GHC 18,178,000 for the same period a year ago.