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Nigerian Stock Exchange

Last update 01 Jul 2019

Resort Savings and Loans PLC · RESORTS.LG

Nigeria · Financials · Financial Services · NGN

Price history

Resort Savings and Loans Plc (the Bank) is a Nigeria-based bank. The Bank is focused on carrying out the mortgage banking business. It is a primary Mortgage Bank (PMB) to receive deposits and maintain accounts for customers for the purpose of providing service, creating mortgage assets and other credit facilities. Its durable business profile is fund-based rather than operating-company based. Investor outcomes depend on portfolio composition, asset allocation, valuation, liquidity, expenses, distributions and the manager’s ability to execute the stated mandate. Demand is linked to investor appetite for diversified exposure, income, sector access or alternative assets. Investors should monitor net asset value, tracking difference where relevant, market liquidity, disclosures and governance. The company should be reviewed through its audited financial statements, corporate disclosures, operating segment notes and market announcements, because these materials provide the most reliable view of revenue quality, cost structure, capital allocation and any changes in business scope.

Fundamentals

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Metric  (NGN, B) 2017 2016 2015 2014 2013
Revenue Total Revenue -0
EBITDA
EBIT
Net income Net Income -1
Operating margin
Net margin 680%