Unity Bank Plc has reported loss after tax of N38.87 billion for the 6 months ended 30 June 2023. This represents a decline of over 2000% from the profit after tax of N1.698 billion reported the previous year.
The Bank reported Gross Earnings of N27.754 billion for the 6 months period, up by 0.47% from N27.625 billion reported the previous year.
Earnings per share of the bank for the period under review stands at –N3.32.
At the share price of N1.21, the P/E ratio of Unity Bank stands at -0.36x with earnings yield of -275%.