Livingtrust Mortgage Bank PLC reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported net interest income was NGN 335.63 million compared to NGN 344.94 million a year ago. Net income was NGN 162.64 million compared to NGN 242.5 million a year ago. Basic earnings per share from continuing operations was NGN 0.03 compared to NGN 0.0494 a year ago.
For the six months, net interest income was NGN 683.6 million compared to NGN 666.54 million a year ago. Net income was NGN 364.77 million compared to NGN 489.62 million a year ago. Basic earnings per share from continuing operations was NGN 0.07 compared to NGN 0.0979 a year ago.