GUINEAINS Releases Q4'18, Q1 and Q2'19 Results; Declares N538.26m Loss in Q2,(SP:N0.20k)


Monday, September 23, 2019 / 06:21 PM / By NSE

Guinea Insurance Plc released its Unaudited second quarter results for the period ended June 30, 2019.


Key Highlights 

Gross Premium Written grew by +9.76% to N756.15m from N688.92m in the previous quarter.

Loss Before Tax grew by 1008.58% to N533.32m.

Loss After Tax grew by 851.44% to N538.26m.

Net Assets also declined by 21.2% to N2.62bn from N3.32bn as at December 31, 2018.

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