NEM Declares N2.04bn PAT in Q3 2019 Result, (SP:N2.00k)


Wednesday, October 30, 2019   /12:21 PM  / By NSE / Header Image Credit: NEM Insurance


NEM Insurance Plc released its Unaudited third quarter results for the period ended September 30, 2019.


Key Highlights 

Gross Premium Written grew by +30.60% to N16.40bn from N12.56bn in the previous quarter         .

Profit Before Tax grew by 27.51% to N2.41bn.

Profit After Tax grew by 27.50% to N2.04bn.

Net Assets also grew by 15.64% to N14.37bn from N12.42bn as at December 31, 2018.

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