From Le3billion loss … Zenith (SL) posts modest Le227m Profit before tax

News

Zenith (SL) have posted a modest profit before tax of Le227 million (Le227,824,000) for 2012 significantly moving from a huge loss of Le3.1billion (Le3,189,756,000) in 2011. In its published financials the deposits from customers increased by Le48billion (Le48,688,171,000) from Le53billion (Le53,455,394,000) in 2011 to Le102billion (Le102,143,565,000) in 2012. Its loans and advances to customers increased by Le1.4billion (Le1,488,440) from Le10.8billion (Le10,834,086,000) in 2011 to Le12.3billion (Le12,322,526,000) in 2012.

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