Chronicle Editor
Business Writer
The Victoria Falls Stock Exchange (VFEX) listed First Capital Bank has declared an interim dividend of US0,14 cents per share.
In a statement accompanying financial results for the period ended June 30, 202s, the Group’s adjusted operating profit (excluding share of profit/loss) from joint ventures amounted to US$9,02m which is 51 percent higher than US$5,96m posted in the corresponding period in the prior year.
The financial institution said its earnings performance translates to an earnings per share of US$0,20 cents for the period which was 233 percent higher compared to US$0,06 cents for the comparative prior year.
“This performance was underpinned by an increase in the customer base, growth in the loan book, and exchange gains,” it said.
Bongani Ndlovu
Online Reporter