VERITASKAP Declares 941m PAT in 2020 Audited Results, (SP:N0.21k)


Wednesday, March 31, 2021  / 2:18 PM / by NSE / Header Image Credit: Veritas Kapital Assurance

Veritas Kapital Assurance Plc released its 2020 Audited results for the period ended December 31st, 2020.

 Key Highlights

  • Gross Premium grew by 104% to N6.3bn from N3.1bn in the previous quarter.

  • Profit before tax grew by 294% to N844m.

  • Profit after tax grew by 469% to N941m.

  • Net Assets grew by 11% from N8.6bn to N9.5bn.

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