Zambian Kwacha
THE Zambia National Building Society (ZNBS) has posted a profit after tax of over K27.3 million during its financial year period ending March 31, 2020, mainly boosted by higher interest income
According to its audited results for its financial year ending March 31, 2020, ZNBS’ profits soared to around K27.27 million during the period under review, up from K8.97 million earned during the corresponding period last year, representing a 204 per cent increase, mainly boosted by higher interest income.
Results revealed that ZNBS’ gross interest income earned during its financial year hit K217.5 million compared to K157.6 million during the same corresponding period last year, representing a 38 per cent increase.