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3rd Quarter Results

19th Feb 2008 14:03

Diamond Bank PLC19 February 2008 NINE MONTHS RESULTS Profit & Loss Statement for the Period Ended 31 January 2008 The Board and Management are pleased to publish the unaudited results of theBank for the nine months ended 31 January, 2008 with the results of thecorresponding period in 2007 for comparison. 9 Months Period 9 Months Period Ended 31 January 2008 Ended 31 January 2007 N 000 N 000 Growth % Gross Earnings 41,713,238 28,525,738 46 Profit Before Taxation 11,966,781 6,015,786 99 Estimated Taxation (2,393,356) (1,383,631) 73 Profit After Taxation 9,573,425 4,632,155 107 The Bank recorded increases of 46% and 99% over the same period of lastfinancial year in gross earnings and profit before tax respectively. The Boardof Directors is confident that, barring unforeseen circumstances, the targetprofit before taxation for the year would be met. By Order of the Board Ms. Nkechi NwosuCompany Secretary & Legal Adviser This information is provided by RNS The company news service from the London Stock Exchange

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